On Tuesday, 15th of September 2020 Nigerian President Muhammadu Buhari justified government borrowing to finance infrastructure.
He asserted
that his government took loans in the interest of the country to solve the dire
shortfall in infrastructure.
Speaking at a
virtual meeting with members of the Presidential Economic Advisory Council
(PEAC) at the State House, in Abuja, President Buhari said the country must fix
its roads to save lives from soaring road accidents.
“We have so
many challenges with infrastructure. We just have to take loans to do roads,
rail and power, so that investors will find us attractive and come here to put
their money,’’ the President said after listening to a presentation by PEAC
chaired by Professor Ayo Salami.
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