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JONATHAN VS BUHARI’S GOVT: NIGERIA’S DEBT STOCK

Mr Reno Omokri, who worked as a spokesman to President Jonathan said on Arise TV that “the Buhari’s administration has borrowed more money in 3 years than past governments borrowed in the 30 years before 2015”.
According to Mr. Reno, he said “forget about what Buhari and Jonathan are saying and focus on what global financial and anti corruption bodies are saying about Nigeria. From what they say, it is clear Buhari has destroyed our economy.
If we allow Buhari to keep on borrowing, especially from China, very soon, our children will become slaves in the own country, as China has done to Sri Lanka and Maldives?
Buhari claims to be 76. I wish him long life. Even if Buhari lives to 100, he won’t repay the fresh $30 billion he wants to borrow. It is our children and their children who will be enslaved. God forbid”.
In furtherance of his interview, he said that the Buhari’s government has borrowed so much that debt servicing has doubled from what it was in 2015, while capital expenditure has reduced. That is why Moody’s, the worlds preeminent economic ratings agency, downgraded Nigeria”.
Video Credit 🎥  Arise TV
AmarSim Associations Development Consultants

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