The presidential candidate of the
Peoples Democratic Party, PDP, in the last general elections, Alhaji Atiku
Abubakar, has launched a fresh attack at the government of President Muhammadu
Buhari over recent reports on the country’s debt.
We reported earlier in
the week that the Debt Management Office published the Public Debt Data
comprising the Domestic and External Debts of the Federal Government of Nigeria
(FGN), the 36 States of the Federation and the Federal Capital Territory (FCT
as at March 31, 2019.
In a series of tweets on Friday,
Atiku claimed that the current administration has done nothing but put the
country in huge debts, adding that hunger and poverty have doubled in 2019.
He tweeted, “Nigeria’s debt has
more than doubled from ₦12 trillion in 2015, to ₦24.9 trillion in 2019, yet we
became the world headquarters for extreme poverty. Irresponsible borrowing
results in unprecedented sorrowing. We mustn’t saddle future generations with
debt instead of prosperity.
“Nigeria’s debt has more than
doubled from ₦12 trillion in 2015, to ₦24.9 trillion in 2019, yet we became the
world headquarters for extreme poverty. Irresponsible borrowing results in
unprecedented sorrowing. We mustn’t saddle future generations with debt instead
of prosperity.
“Without the checks and balances
occasioned by a truly independent and self-accounting Legislature and
Judiciary, as co-equal and non-subordinate arms of government, we will continue
to have a profligate executive that borrows to sustain its greed and not the
nation’s need.
“As it stands today, every man,
woman and child in Nigeria is now not only poorer than they were in 2015,
additionally, we all individually owe more than twice what we did in 2015. We
may not have participated in the profligate borrowing, but we all suffer the
resultant sorrowing.”
“As it stands today, every man,
woman and child in Nigeria is now not only poorer than they were in 2015,
additionally, we all individually owe more than twice what we did in 2015. We
may not have participated in the profligate borrowing, but we all suffer the
resultant sorrowing.”
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