Tinubu: Borrowing not cancer, leprosy – Presidency fires back at Peter Obi

The presidency has criticized a chieftain of the African Democratic Congress, ADC, Peter Obi, for his implicit his remark astir the President Bola Tinubu’s authorities taking overseas loans.

Tinubu’s spokesperson, Bayo Onanuga, informed Obi that taking loans is not leprosy oregon a crab similar helium claimed.

He maintained that each sovereign federation takes loans.

Obi had compared the Tinubu administration’s borrowing to leprosy and cancer.

He wrote connected X: “Mr. President, borrowing wealth is not conscionable a problem, but a superior contented erstwhile it’s done for idiosyncratic usage alternatively of helping make jobs and turn the economy, which is happening successful Nigeria close now.”

Responding to the post, Onanuga wrote: “Mr Peter Obi, you’re bringing up the aforesaid aged arguments again with your sensationalist approach.

“What are you trying to accidental astir borrowing? Every sovereign federation borrows money, and arsenic President Tinubu correctly pointed out, borrowing is not a disease.

“If you truly privation to know, the authorities has been taking loans to wage for important infrastructure projects, not to walk connected mundane things.

“The information that we are getting wealth and person lenders who are consenting to lend shows that our state is trustworthy and capable to wage backmost the money.

“As a politician, you request to spell beyond basi...