Senator-elect and business mogul, Dr Jimoh Ibrahim, has proposed a plan for Nigeria to repay its debts within 90 days.

This he said that the authorities should approach five EXIM banks, and collect a loan that is five times the current debt.

“I can give you a strategy that can make you pay back the debts in 90 days. All you have to do is to call five EXIM banks, including China EXIM bank,” he said on Monday.

“Take a loan about five times whatever you are owing currently, do a bridge gap financing, and then pay off what you are owing. Then you will have a surplus, do a repayment programme for 40 years and then have an honorarium period of 10 years and you are out of the debt.”

On Nigeria’s security challenges, especially the Boko Haram insurgency that has ravaged the nation for over a decade.
He described Boko Haram as a political problem, asking the President to return Nigerian troops back to their barracks.

“Boko Haram is a political problem. You have to socialise politically to solve Boko haram. The first thing Mr President has to do is to withdraw soldiers from the front line and return them back to the barracks,” he stated.

“Children that left NDA as a lieutenant, they have become major-general and the war is still there. Is the military a challenge to ourselves? No.”

The Senator - elect blamed the alleged failure in the fight against terrorism on the strategy deployed by the authorities in the Northeast.
According to him, Nigeria has spent a whopping $1.2 trillion fighting insurgency within the last 10 years.

Jimoh said that rather than deploying troops to the theatre of operations, the businessman wants the Nigerian government to “look for information gathering, socialization, you need to meet stakeholders, you have to do meetings”.

On the way forward, Jimoh Ibrahim advised President Bola Tinubu to “go into political socialization. You have to socialise domestically. Assuming you have spent 10 per cent of $1.2 trillion on political socialisation, Boko Haram would have disappeared.’’

“But you spent 89 per cent on a factor that is not significant to confront Boko Haram, Boko Haram will still be there.”he said.

The same Jimoh Ibrahim who totally destroyed every business he laid his hands on and had AMCON confiscate his assets is giving us lectures on how Nigeria can repay her debt.

The strategy he's proposing is even more like robbing Peter to pay Paul.

Why do people become saints immediately they join APC?

Deep..

That’s if the mandate thief can comprehend

Is it not the Jimoh Ibrahim that was declared bankrupt

Ok

You want to pay up a dept by borrowing loan, poor idea, or don't you know that a borrower is a slave to the lender??.

That's true

is this why he is running to senate since his ability to pay amcon

SmartPolician:
The same Jimoh Ibrahim who totally destroyed every business he laid his hands on and had AMCON confiscate his assets is giving us lectures on how Nigeria can repay her debt.

The strategy he's proposing is even more like robbing Peter to pay Paul.

Why do people become saints immediately they join APC?

Lol, funny what he's not aware of is that Nigeria is virtually owing all the exim bank he mentioned.

SmartPolician:
The same Jimoh Ibrahim who totally destroyed every business he laid his hands on and had AMCON confiscate his assets is giving us lectures on how Nigeria can repay her debt.

The strategy he's proposing is even more like robbing Peter to pay Paul.

Why do people become saints immediately they join APC?

Who said or claimed he was a saint, other than you? Is Jimoh Ibrahim any different from Judas Peter Gringory Obi?

Solsix:

Lol, funny what he's not aware of is that Nigeria is virtually owing all the exim bank he mentioned.

He said it clearly, Nigeria should ask for an up stamp.

NzogbuNzogbu:
is this why he is running to senate since his ability to pay amcon

You will always know poor minded people from their statements, how does going to the red chamber, stop one from paying his or her debt?

Is he granted financial immunity by been a Senator?

Says Onigbese of Gbese land

Has he paid Amcon?