Debt is worse than leprosy - Obasanjo tackles Tinubu over borrowing comment

Former President Olusegun Obasanjo has tackled President Bola Tinubu implicit his remark that borrowing is not leprosy, saying indebtedness is worse than leprosy due to the fact that it destroys generations.

Obasanjo spoke connected Friday successful Abeokuta, Ogun State, astatine the Ajibosin Platform, a nationalist forum themed "Leveraging Artificial Intelligence to Solve Grassroots Problems and Accelerate National Development."

Tinubu had successful April said his medication volition proceed to get whenever necessary, insisting it should not beryllium viewed negatively.

"If we person to borrow, we borrow. Borrowing is not leprosy, we conscionable person to enactment hard to beryllium capable to wage for it," Tinubu had said during a gathering with Plateau leaders led by Governor Caleb Mutfwang and APC National Chairman, Prof. Nentawe Yilwatda, astatine the State House.

His remarks came amid rising nationalist interest implicit Nigeria's increasing indebtedness load and the expanding stock of nationalist gross committed to indebtedness servicing.

Reacting astatine the Ajibosin Platform, Obasanjo said: "And for anybody to accidental indebtedness is ...