₦airaland Forum

The Minister of Finance, Zainab Ahmed, says while government borrows to deliver on its promises, it is also mindful of rising debt burden, which eats up about 25 per cent of the country’s annual earnings.

Ahmed said this in an interview with the News Agency of Nigeria on the side-line of the just concluded IMF/World Bank meetings, which took place in Washington DC from April 9 to 14.

https://www./2019/04/were-mindful-of-our-borrowings-despite-rising-debts-minister-of-finance.html

Cc Lalasticlala
Cc MissyB3
Cc Fynestboi
Cc Dominique
Cc mynd44
Cc Seun

Please borrow more

Funny quote. People who are not ashamed to drag Nigeria back to Stone Age. If there was massive infrastructural overhaul the borrowed trillions would be easy to stomach but alas...

Keep borrowing!

It's just a thing of necessity to do.

Mindful indeed...the question every sane Nigerian should ask is... is the huge borrowed money commensurate with the level of infrastructure we see in ground? Most of the projects being executed and commissioned by them now, upon which they're now taking glory are Jonathan's projects. They keep saying blablabla...that Jonathan didn't finish most of the projects, knowing fully well that, all of them had a deadline. Most of them were already contracted with disbursement plans but when the apc got there, they stopped all the projects and contractors left site. Had Jonathan done 2 terms, all those projects would have been completed by now.