$29.960bn Loan: Buhari Playing With Our Collective Destiny – Falana
Femi Falana, human rights activist and Senior Advocate of Nigeria (SAN), has called on the federal government to drop its plan to borrow $29.960 billion to execute key projects across the country.
The soft-spoken lawyer said the government would be putting the collective destiny of the younger generation in jeopardy should it go ahead with the controversial decision.
President Muhammadu Buhari recently asked the approval of the National Assembly to borrow the said loan from the World Bank.
Falana, while speaking at the 2016 annual general conference of Committee for Defence of Human Rights (CDHR) in Lagos on Saturday, urged the federal government to source for funds locally.
The lawyer, who is a former president of CDHR, said the government should use recovered loot and go after chronic debtors to fund its projects
He said: “We hear that the federal government wants to borrow $29 billion to fund the economy, my advice is we do not need to do this at such a period in our economy.
“What about the millions of the recovered loots from those who stole our money, our money that are in the hands of those who decided to steal from the treasury?
“I have a report from Nigeria Extractive Transparency Initiative, NEITI which states that the oil companies and NNPC are owing the federal government a joint $20.2b.
“All these should be recovered and used for these projects instead of putting the destiny of the younger generation and those to come in jeopardy as a result of the huge national debt it will bring.”
Dailypostng
Now Playing: Love Bug
Aretti Adi
SPONSORED LINKS
[CLICK HERE] Super Accurate 10 to 15 Odds Daily - See Here
[CLICK HERE] Get Your Daily Free Football Predictions With GG - Click Here
[CLICK HERE] For Music Artwork, Website Design And SEO Setup
INSTALL 9JAFLAVER MUSIC APP, STREAM, DOWNLOAD, AND PLAY MUSIC OFFLINE
CHECK OUT FUNNY PICTURE AND MEME HERE (CLICK HERE)
Chissom Anthony – Glory To God In The Highest [See Trending Gospel Song]
© 2014-2024 9jaflaver. All Rights Reserved.
About us | DMCA | Privacy Policy | Contact us
| Advertise| Request For Music | Terms Of Service
9jaflaver is not responsible for the content of external sites.