Accumulating Debts for Next Generation Is Criminal, Obasanjo Tells FG

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Former President Olusegun Obasanjo has decried the federal government’s plan to source for fresh loans, saying borrowing to accumulate debt for the next generation is criminal. Speaking to Channels…

Former President Olusegun Obasanjo has decried the federal government’s plan to source for fresh loans, saying borrowing to accumulate debt for the next generation is criminal.

“But if you are borrowing and accumulating debts for the next generation and the next generation after them, it is criminal. What are you borrowing for?” Obasanjo asked. “When I came into government as elected President, we were spending $3.5 billion to service debts. Even with that, our quantum of debts was not going down.”

 

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Okay.. Federal government don hear.. Next news please

Lol

Creating wealth is difficult, borrowing is easier and faster,next generation will take care of themselves, APC replies OBJ 🤣🤣🤣

We don hear

Enough is Enough for the wise👌

Efcc won't go after those thieves called FG

Tell them they want us to commit suicidal attempt

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