Nigeria borrowing itself into slavery – Reuben Abati cries out over fresh $20 5bn loan, warns Tinubu

Arise News anchor, Reuben Abati, has raised alarm implicit Nigeria's rising indebtedness illustration nether President Bola Tinubu's administration.

Speaking connected Friday during Arise Television’s Morning Show, Abati said Nigeria is gradually borrowing itself into slavery with the complaint astatine which the authorities is taking loans.

He said the national authorities has not been transparent capable connected however the erstwhile loans were spent and is already seeking caller loans moving into billions of dollars contempt the hardship successful the country.

The erstwhile statesmanlike adjutant lamented that Nigerians are yet to consciousness the interaction of the loans already taken, adding that the wealth seems to beryllium disappearing without due accountability and without reducing poorness oregon fixing infrastructure.

He warned that if the authorities continues to get without accountability and without cutting the outgo of governance, aboriginal generations of Nigerians volition beryllium made to wage for loans they did not payment from.

"Nigeria is borrowing itself i...