You don't do cost benefit analysis before taking loans – Rufai Oseni blasts Tinubu govt

Arise News anchor, Rufai Oseni, has slammed the national authorities implicit its continuous borrowing without due outgo payment analysis.

Speaking connected Arise Television’s ‘Morning Show’ connected Friday, Rufai questioned wherefore the national authorities keeps taking loans without explaining to Nigerians however the loans volition beryllium repaid and what benefits they volition bring.

According to him, nary superior authorities takes loans without doing a due outgo payment investigation to amusement whether the indebtedness volition payment the radical oregon go a burden.

"You don't conscionable instrumentality loans without doing outgo payment analysis. What is the payment of these loans to Nigerians? You indispensable explicate to us," Rufai said.

According to him, Nigerians are already suffering from hardship and the continued borrowing volition lone enactment much unit connected the system if not decently checked.

This is coming pursuing the caller petition by President Bola Tinubu to get different $20.5bn and €1.05bn.

Rufai's remark has triggered reactions connected societal media, with galore Nigerians agreeing with him, portion supporters of President Tinubu's authorities said the loans are indispensable to hole the system and fun...