Femi Falana, human rights activist and Senior Advocate of Nigeria (SAN), has called on the federal government to drop its plan to borrow $29.960 billion to execute key projects across the country.

The soft-spoken lawyer said the government would be putting the collective destiny of the younger generation in jeopardy should it go ahead with the controversial decision.

President Muhammadu Buhari recently asked the approval of the National Assembly to borrow the said loan from the World Bank.


Falana, while speaking at the 2016 annual general conference of Committee for Defence of Human Rights (CDHR) in Lagos on Saturday, urged the federal government to source for funds locally.

The lawyer, who is a former president of CDHR, said the government should use recovered loot and go after chronic debtors to fund its projects
He said: “We hear that the federal government wants to borrow $29 billion to fund the economy, my advice is we do not need to do this at such a period in our economy.

“What about the millions of the recovered loots from those who stole our money, our money that are in the hands of those who decided to steal from the treasury?


“I have a report from Nigeria Extractive Transparency Initiative, NEITI which states that the oil companies and NNPC are owing the federal government a joint $20.2b.

“All these should be recovered and used for these projects instead of putting the destiny of the younger generation and those to come in jeopardy as a result of the huge national debt it will bring.”

The soft-spoken lawyer...

[/quote][quote author=Omenkata post=50694171]If not for the love i have for falz i would have told this ricetivist falana to shatap.


Btw

Buhari is a vagabond incompetent bastard morron buffalo zombie dole gaskiya

Kill all zombies because they're already dead

unclezuma:

Paperwhite:
One thought that this charge & bail so called
Lawyer have kept on ass-licking this useless government in anticipation of political patronage? .Keep it up until the very day your soul shall be tied on a leash & sold off. Foolish Afonja!

Paperwhite:
One thought that this charge & bail so called
Lawyer have kept on ass-licking this useless government in anticipation of political patronage? .Keep it up until the very day your soul shall be tied on a leash & sold off. Foolish Afonja!

AmuDimkpa:
How can anyone even support Nigerian government to borrow $30 billion which will eventually be looted? $30 billion dollars?

richidinho:

Chai... This man don dey price wailers form for my hand since January, still he refuse to buy from me

I heard he is very stingy

Paperwhite:
One thought that this charge & bail so called
Lawyer have kept on ass-licking this useless government in anticipation of political patronage? .Keep it up until the very day your soul shall be tied on a leash & sold off. Foolish Afonja!

Paperwhite:
One thought that this charge & bail so called
Lawyer have kept on ass-licking this useless government in anticipation of political patronage? .Keep it up until the very day your soul shall be tied on a leash & sold off. Foolish Afonja!