Ekiti Governor, Ayodele Fayose, on Tuesday, queried the plan by President Muhammadu Buhari to borrow $30bn to finance the 2017 budget.
According to The Punch, Fayose, who spoke at the government office in Ado-Ekiti during the distribution of 7,000 eyeglasses to indigent Ekiti people who have bad eyesight, said the plan if followed will enslave the nation eternally.
He said, “If we borrow this much to finance 2017 budget, it means we will continue to borrow even till 2019 and the rate at which this government is borrowing money, I hope they will not plunge Nigeria into eternal debt, enslavement and misery.
“This has been the fear of many who are against taking of $30bn loan. And they will continue to borrow without attempting to concretely tackle the dwindling rate of our currency.
“What the Federal Government is doing is wrong. The FG under President Buhari does not have what it takes to lead this country economically and beyond.
“They themselves confirmed that the 2016 budget performed at about 40 percent or below. So, that is to tell you that they lack the vision, and don’t know what they are doing and are only deceiving Nigerians.”
This is getting out of hand, our currency should matter
Comment:you supose to correct your mistake before to separe someone else.your execellency and you are too much tocateeb my dia.face your front means to correct you wrongly first.
Comment:it is mistakely you are mr fayose for all over comment to buhari’s government.You cant look at your wrong doing and why you cant be orubebe?
This buhari borrows a lot when will others start borrowing from you?
Comment:very soon by God grace