Atiku decries Nigeria’s debt profile
The presidential candidate of the Peoples Democratic Party , Atiku Abubakar, has decried the “unsustainable debt” Nigeria has acquired under the President Muhammadu Buhari-led administration.
Mr Abubakar acknowledged that the PDP-led administrations before 2015 left a national debt profile of #12 trillion but noted that the debt doubled during the first tenure of Mr Buhari and has been on the increase now. Mr Abubakar said some of the projects that ramped up the debt, “such as Trademoni, were politically engineered to win people’s votes in the just concluded Presidential election and were “discontinued after the election.”
“As someone who headed the National Economic Council that paid off Nigeria’s entire debt under the visionary leadership of President Olusegun Obasanjo, Atiku Abubakar has the moral authority to call those who are turning Nigeria into a beggar nation to halt the drift into unsustainable borrowing.
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