The chairmen of the All Progressives Congress (APC), John Odigie-Oyegun says President Muhammadu Buhari must borrow to pay some contractors who have not been paid for over ten years.
Oyegun was quoted as saying this on Sunday night after receiving a lifetime achievement award presented to him by the Warri Choral Society in Lagos.
Oyegun said, “If you read the newspapers, you hear the President being advised to pump money into the economy. So the question is where is the money coming from? Simple! It has to come from somewhere aborrowing — both internal and external. To get this country going again, you have to pay contractors. Some contractors have not been paid for four, five, six, 10 years.”
“So long as the borrowing is done not to pay salaries, which the President Buhari administration will not do, but invested to create opportunities, solve our problems of power and things like that….
“To allow people to have money to consume, to buy goods, to pay for services so that factories can produce. So it is that cycle. We must kick-start the economy and to kick-start it will need money — lots of money.”
Dolapo is a writer and journalist who works with YNaija. He has interests in Christianity, politics and sports.
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