Of Yaman's debt gaffe and PDP’s shock-jocks | TheCable

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OPINION BY RAFIU AJAKAYE: Of Yaman’s debt gaffe and PDP’s shock-jocks | TheCable

Believing one’s own lie — a kind of cognitive bias — is about the worst singular thing to happen to anyone. Arrowheads of Kwara’s PDP actually believe their own lies, and that explains their wobbling messaging thus far. They believe the only reason Kwarans rejected them in 2019 was simply that some opposition radio firebrands had lied to the public.

Two major lies were told in those lines: that the debt profile of Kwara has risen 300% under this administration and that the state was the least indebted in Nigeria before 2019. It’s been many hours since Yaman made those claims. Between 2003 and 2011, Kwara’s domestic debt profile rose from below N5 billion to exactly N25.2 billion. That is approximately a 404% rise in domestic debt profile under Senator Saraki alone. Don’t forget: in one fell swoop in 2009, the debt profile rose by over 300% when he took the N17 billion bond.

 

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