The Atiku Media Office has demanded an apology from the President, Major General Muhammadu Buhari, and the All Progressives Congress on behalf of Nigerians over alleged “reckless borrowing.
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The statement said two months ago, the former Vice President of Nigeria and PDP Presidential candidate in the 2019 election, Atiku Abubakar called the attention of Nigerians to the reality of reckless borrowing by the present APC administration and how the terms of those loans could compromise the future of the country.
The statement further read, “…regrettably, just last week, a cabinet minister confirmed our fears. Now, we all are aware that Nigeria’s sovereignty may have been traded for foreign loans and God forbids our inability to service those loans, the lender country would take ownership of choice infrastructure on the Nigerian soil. No negotiation could be weaker than that.
“Atiku Abubakar has long advocated for a more robust engagement of the private sector and promotion of foreign direct investment as sustainable alternatives through which the government could fund infrastructure development.”The AMO expressed regret that rather than considering the best interest of Nigeria and Nigerians, the current APC-led regime chose instead to mortgage our sovereignty for cheap foreign loans.
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