‘Absolute nonsense’- Obasanjo tackles President Tinubu over borrowing
AI Executive Briefing
Verified Synthesis~25s readFormer President Olusegun Obasanjo has faulted President Tinubu over his remark that borrowing is not leprosy, describing the statement as “absolute nonsense”. Borrowing is not leprosy; we just have to work hard to be able to pay for it,” the president had said.
Context & Background
- ✦In response, Obasanjo said debt was more damaging than leprosy because its consequences could affect generations.
Key Figures & Named Entities
Friday:Obasanjo made the remark on Friday, October 30, while speaking at the Ajibosin Platform, a public forum held in Abeokuta, the Ogun State capital.$20.52 billion:Debt destroys generations,” the former president said Obasanjo’s remarks come days after the President asked the national assembly to approve a supplementary external borrowing plan of $20.52 billion and €1.04 billion to finance projects and programmes across several sectors.The post ‘Absolute nonsense’- Obasanjo tackles President Tinubu over borrowing appeared first on Linda Ikeji Blog.
Outlook & Next Steps
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Key Takeaways
Verified Extract- Former President Olusegun Obasanjo has faulted President Tinubu over his remark that borrowing is not leprosy, describing the statement as “absolute nonsense”.
- Borrowing is not leprosy; we just have to work hard to be able to pay for it,” the president had said.
- In response, Obasanjo said debt was more damaging than leprosy because its consequences could affect generations.
Key Facts:Friday: Obasanjo made the remark on Friday, October 30, while speaking at the Ajibosin Platform, a public forum held in Abeokuta, the Ogun State capital.$20.52 billion: Debt destroys generations,” the former president said Obasanjo’s remarks come days after the President asked the national assembly to approve a supplementary external borrowing plan of $20.52 billion and €1.04 billion to finance projects and programmes across several sectors.The post ‘Absolute nonsense’- Obasanjo tackles President Tinubu over borrowing appeared first on Linda Ikeji Blog.
Editorial Excerpt
Former President Olusegun Obasanjo has faulted President Tinubu over his remark that borrowing is not leprosy, describi
Frequently Asked Questions About This Story
What is the latest development regarding National Assembly of Nigeria?
Former President Olusegun Obasanjo has faulted President Tinubu over his remark that borrowing is not leprosy, describing the statement as “absolute nonsense”.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include National Assembly of Nigeria, Abeokuta, Ogun State.
What timeline or key figures were confirmed?
Obasanjo made the remark on Friday, October 30, while speaking at the Ajibosin Platform, a public forum held in Abeokuta, the Ogun State capital.
