A former vice president Atiku Abubakar has faulted President Bola Tinubu’s newest request for a loan, describing it as “bone-crushing”.
The Senate has approved the ₦1.77 trillion ($2.2b) loan request of President Tinubu after a voice vote in favour of the request.
But Atiku has slammed the move and believes the loans do not favour Nigerians.
“These @officialABAT’s loans are bone-crushing to Nigerians and bringing insufferable pressure on the economy, especially when they are not properly negotiated and utilized,” Atiku wrote on his X handle on Thursday.
“It is concerning that the voracious appetite for these humongous loans is powered by corruption and not for infrastructure and development needs. A report by Budgit, a budget watchdog, has disclosed that the 2024 Budget is a mess because of the level of pork associated with it.”
He accused the National Assembly of being “an accomplice once more”.
Peoplesmind
