The Peoples Democratic Party (PDP) has raised questions over Federal Government's 'unwholesome' borrowings amounting to N24.38 trillion debts,
The Peoples Democratic Party has raised questions over Federal Government’s “unwholesome” borrowings amounting to N24.38 trillion debts, from 2015 debt stock of N12.12 trillion.
According to the PDP, the rising debt profile was a product of the government’s manifest incompetence and lack of initiative to stimulate and run a productive economy. The PDP said, “It is shocking and completely insupportable that our nation’s debt had risen from N21.72 trillion in December 2017 to N24.387 trillion in December 2018, showing an accumulation of a whopping N2.66 trillion in a space of one year.“President Muhammadu Buhari-led administration, therefore, has a huge explanation to make to Nigerians for its borrowing spree, especially as it cannot point to any meaningful development project into which the borrowed funds were invested.
مصر أحدث الأخبار, مصر عناوين
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