Nigeria's sovereignty: I warned about loans - Atiku blasts Buhari, APC - Daily Post Nigeria

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Nigeria's sovereignty: I warned about loans - Atiku blasts Buhari, APC - Daily Post Nigeria
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Nigeria’s sovereignty: I warned about loans – Atiku blasts Buhari, APC

The Nigerian leader has sought the National Assembly’s approval for a fresh loan of $5.513bn, reportedly to fund the 2020 budget deficit, critical projects, and support some states.

The legislature recently approved a N850billion loan. Another loan of $22.79bn, had previously been endorsed. Atiku’s media office in a statement on Sunday recalled that two months ago, Atiku called the attention of Nigerians on the terms of those loans which could compromise the future of the country.Atiku camp regretted that last week, a cabinet minister confirmed their 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,” it said.

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