Buhari enemy of Nigeria’s progress – Omokri on fresh $4bn, €710m loans

user_icon Buhari enemy of Nigeria’s progress – Omokri on fresh $4bn, €710m loans Posted by: NOTICE.COM.NG Staff
calendar-icon Buhari enemy of Nigeria’s progress – Omokri on fresh $4bn, €710m loans Posted on: 2021-09-15 10:43:11
Buhari enemy of Nigeria’s progress – Omokri on fresh $4bn, €710m loans RENO-OMOKRI58660

Reno Omokri, a socio-political activist, has criticized President Muhammadu Buhari over plans to obtain fresh foreign loans.

Omokri, a Ex-aide to ex-President Goodluck Jonathan, accused the president of being an enemy of Nigeria’s progress.

In a series of tweets, Omokri accused Buhari of using the foreign loans on alleged useless things like building a Naval base in a desert in Kano State.

DO YOU KNOW >>> Brussels to name street after murdered Nigerian sex worker, Eunice Osayande

He wrote: “A new $4 billion loan. What is Buhari even using all these loans for? Useless things like Naval Base in Kano’s desert and sewing Igbo trousers that never reach the ankle. What has this nation called Nigeria done to deserve this enemy of progress?

“Naira is now ₦550 to $1, and Buhari still wants to borrow an additional $4 billion after increasing foreign debt from $10 billion in 2015 to $34 billion today? Does he have no shame? What type of bambiala mentality is this? Is it until Naira gets to ₦1000 to $1?”

Buhari had on Tuesday asked the Senate to approve $4 billion and €710 million external loans.

READ ALSO >>> Buhari Government infested with corruption, abuse of power – Dino Melaye

The president’s request was contained in a letter addressed to Senate President Ahmad Lawan and read at plenary yesterday.

Buhari said the proposed loan would be financed through sovereign loans from the World Bank, French Development Agency, EXIM Bank and IFAD.

Buhari noted that the loan, if approved, would enable the Federal Government fund critical infrastructural projects in different sectors across the country.

READ ALSO >>> Osinbajo restates Nigeria's position, makes demand to ECOWAS - Guinea coup

READ ALSO >>> How Fani-Kayode sold Nnamdi Kanu, Sunday Igboho for ’30 pieces of silver’ - Omokri

HILARIOUS >>> WATCH Comedy Video: Mark Angel - Court Case

BREAKING >>> Download Freebeat: Afro Grove (Prod By Kingzy)

LISTEN TO >>> Mixtape: DJ Bigtee D Baddest - Spend Money Street Mix

WATCH >>> Video: Lojay And Sarz - Monalisa

READ ALSO >>> Download Music Video: Phenom – 4 AM At 4 Points

For All Nigeria Past Questions Visit www.QUESTION.NG

Kindly share this post on different Social Media below



NOTE: User comments in this section are, as the name implies, provided by users of this website. The question.ng team is not responsible for, nor do they endorse, any of the information provided here.