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‘Absolute Nonsense’: Obasanjo Blasts Tinubu Over Borrowing

‘Absolute Nonsense’: Obasanjo Blasts Tinubu Over Borrowing
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AI Executive Briefing
Verified Synthesis~56s read
Debt destroys generations.” Obasanjo questioned Nigeria’s economic management, recalling that when he started his farm 47 years ago, the naira exchanged at N1 to $1.85. Former President Olusegun Obasanjo has criticised President Bola Tinubu over his comment that borrowing is not leprosy, describing the position as “absolute nonsense”.
Context & Background
  • ✦The former president said: “And for anybody to say debt is no leprosy, is absolute nonsense.
Key Figures & Named Entities
Friday:Obasanjo spoke on Friday in Abeokuta, Ogun State, at the Ajibosin Platform, a public forum theme “Leveraging Artificial Intelligence to solve grassroots problems and accelerate National Development.” In April, Tinubu said his administration would continue to borrow whenever necessary, insisting that it should not be viewed negatively.$100:Kidnapping: I’ll go into the bush to Rescue Victims if Elected – Peter Obi Obi: Tinubu has borrowed nearly $100bn with nothing to show “If we have to borrow, we borrow.$1.85.:Debt destroys generations.” Obasanjo questioned Nigeria’s economic management, recalling that when he started his farm 47 years ago, the naira exchanged at N1 to $1.85.
Outlook & Next Steps
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Key Takeaways
Verified Extract
  • ✦Debt destroys generations.” Obasanjo questioned Nigeria’s economic management, recalling that when he started his farm 47 years ago, the naira exchanged at N1 to $1.85.
  • ✦Former President Olusegun Obasanjo has criticised President Bola Tinubu over his comment that borrowing is not leprosy, describing the position as “absolute nonsense”.
  • ✦The former president said: “And for anybody to say debt is no leprosy, is absolute nonsense.
Key Facts:Friday: Obasanjo spoke on Friday in Abeokuta, Ogun State, at the Ajibosin Platform, a public forum theme “Leveraging Artificial Intelligence to solve grassroots problems and accelerate National Development.” In April, Tinubu said his administration would continue to borrow whenever necessary, insisting that it should not be viewed negatively.$100: Kidnapping: I’ll go into the bush to Rescue Victims if Elected – Peter Obi Obi: Tinubu has borrowed nearly $100bn with nothing to show “If we have to borrow, we borrow.$1.85.: Debt destroys generations.” Obasanjo questioned Nigeria’s economic management, recalling that when he started his farm 47 years ago, the naira exchanged at N1 to $1.85.$1.85.: “When I started my farm, 47 years ago, naira to the dollar was one naira to $1.85.
Editorial Excerpt

Former President Olusegun Obasanjo has criticised President Bola Tinubu over his comment that borrowing is not leprosy, describing the position as “absolute...

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What is the latest development regarding All Progressives Congress?

Debt destroys generations.” Obasanjo questioned Nigeria’s economic management, recalling that when he started his farm 47 years ago, the naira exchanged at N1 to $1.85.

Who are the key organizations or public figures mentioned?

The primary parties identified in this coverage include All Progressives Congress, Plateau State, Abeokuta.

What timeline or key figures were confirmed?

Obasanjo spoke on Friday in Abeokuta, Ogun State, at the Ajibosin Platform, a public forum theme “Leveraging Artificial Intelligence to solve grassroots problems and accelerate National Development.” In April, Tinubu said his administration would continue to borrow whenever necessary, insisting that it should not be viewed negatively.

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