Buhari loans: Nigeria now on auction market – PDP alleges

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Buhari loans: Nigeria now on auction market – PDP alleges
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The Peoples Democratic Party (PDP), Thursday, alleged that with the volume of foreign loans being accumulated by President Muhammadu Buhari and his All Progressives Congress (APC), the nation and her people have been placed on the international auction market. It also said that Buhari\u2019s moves to take a fresh $5.513 billion (N2.1 trillion) loan in

The Peoples Democratic Party , Thursday, alleged that with the volume of foreign loans being accumulated by President Muhammadu Buhari and his All Progressives Congress , the nation and her people have been placed on the international auction market. loan in addition to an earlier $22.79 billion , the size of 2020 budget, without operable repayment plans, will totally compromise the fiscal integrity of the nation and open her up for economic annexation by foreign creditors.

“Already the situation has created apprehensions, anxiety and trepidation among the citizens, particularly the youths, who are now scared about their future and the survival of our nation under the APC. Further, The PDP called on Nigerians to look beyond the country’s primordial differences and unite in speaking against this accumulation of debts.

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