Obasanjo, Not 'Wise' To Pay Off Nigeria Debts - Tinubu

Obasanjo, Not 'Wise' To Pay Off Nigeria Debts - Tinubu

https://osazuwaakonedo.news/obasanjo-not-wise-to-pay-off-nigeria-debts-tinubu/21/11/2024/

#Economy #Achebe #Bola #Chinua #Debts #news #Nigeria #Obasanjo #Olusegun #ParisClub #Tinubu #USA #Yale ©November 21st, 2024 ®November 21, 2024 4:51 pm Nigeria apex lawmaking body, the Senate under the leadership of Godswill Akpabio has approved the sum of $2.2 billion fresh loan application by President Bola Ahmed Tinubu, few days after the President said the former Nigeria President from 1999 to 2007, Olusegun Obasanjo was not wise to have paid off Nigeria $15 billion debts he inherited, a statement the President made in reaction to Obasanjo speech at the Leadership Forum held in honour and memory of one of the country great literary icons, late Chinua Achebe at Yale University, United States of America, USA, and the new loan, if accessed, has made Nigeria debts profile to rise above ₦136 trillion, just as the country  is currently and apparently borrowing money to finance recurrent expenditures especially borrowing funds to pay back previous loans. #OsazuwaAkonedo