PDP Raises the Alarm over Buhari’s Fresh $5.5bn Loan Request - THISDAYLIVE

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PDP Raises the Alarm over Buhari’s Fresh $5․5bn Loan Request

The Peoples Democratic Party has raised the alarm over President Muhammadu Buhari’s fresh loan request of $5.5 billion from different international financial institutions.

According to the PDP, the administration did not have operable repayment plans for the loans, a situation it said, could totally compromise the country’s fiscal integrity and open her up for economic annexation by foreign creditors.The party recalled that the government had recently secured another N850 billion from the capital market, adding that it is regrettable that the administration has been going cap in hands to shop for more foreign loans.

It added that the government was exposing Nigerians to the risk of modern day slavery by mortgaging their future to economic appropriation by foreign interests.

 

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If u had done very well....allthese won't be happening now. So keep quiet lets all wait and watch wanders

It goes beyond raising alarms, the PDP as an opposition is too quite and docile. Borrow a leaf from the APC playbook when they were in opposition.

Please PDP should stop talking already, it was there party that kept us in this mess we found our country, since 2014, NIGREIA went into comma, PMB did not cause our problem

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