‘Stop deceiving Nigerians’ – Rufai Oseni blasts Oyedele over $21.7bn loan

Arise News anchor, Rufai Oseni, has fired backmost astatine the Minister of Finance, Taiwo Oyedele, implicit his defence of the caller outer borrowing petition of President Bola Tinubu.

DAILY POST recalls that Oyedele had connected Wednesday stated that the $20.52 cardinal and €1.045 cardinal caller loans requested by President Tinubu are not borrowing but investment.

Reacting, however, connected Arise TV Morning Show, Rufai insisted that it is simply a indebtedness and not investment, nary substance however the authorities tries to rebrand it.

"If you instrumentality wealth and you volition wage backmost with interest, it's a loan. Call it immoderate you want, it's inactive a indebtedness not an investment,” Rufai said.

Rufai stated that Nigerians are bushed of gimmicks and privation to cognize what the wealth is meant for, however it volition beryllium paid backmost and what projects it volition fund.

Recall that President Tinubu had connected Tuesday requested National Assembly support for $20.52 cardinal and €1.045 cardinal successful outer loans.

The Presidency said astir $10.6 cardinal of the wealth volition spell into proscription projects including the Sokoto-Badagry and Lagos-Calabar highways and the Kano-Kaduna railway.

According to Oyedele, the remainder of the wealth volition screen security, health, agriculture, energy, acquisition and different sectors, with overmuch of the wealth coming from the World Bank astatine 2.1% interest.<...