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Buhari Blasts Emir Sanusi For Going Against Proposed $30B Foreign Loan, Says He Is Ignorant

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Buhari Blasts Emir Sanusi For Going Against Proposed $30B Foreign Loan, Says He Is Ignorant

December 3rd, 2016 – Buhari Blasts Sanusi For Going Against Proposed $30Billion Foreign Loan, Says He Is Ignorant Of Facts

On Friday, ex-CBN Boss, Sanusi Lamido came after Buhari over his proposed $30billion foreign loan.

While speaking in Abuja yesterday, Sanusi warned PMB to cancel his plan to borrow the huge money from overseas banks because of its grave consequences.

But the Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, said in a statement released on Saturday night that the Emir did not have facts on issues raised.

The statement reads:

6 Comments

6 Comments

  1. ade eagle

    December 4, 2016 at 12:50 AM

    even a common man in Nigeria knows we dont need to borrow money from overseas

  2. ade eagle

    December 4, 2016 at 12:52 AM

    there are many ways to raise the money in Nigeria , where is all the money recovered from the looters by EFCC ?

  3. Lovely

    December 4, 2016 at 1:02 AM

    For how long will Nigeria borrow money for railway an electricity d government should be ashamed of themselves especially buhaha. In God We Trust

  4. fifelomo

    December 4, 2016 at 5:52 AM

    Just because you are old doesn’t mean you are wise! A word is enough for the wise.

  5. dada

    December 4, 2016 at 7:12 AM

    borrowing money odikwa risky

  6. Uzoma

    December 4, 2016 at 11:46 AM

    Here goes the flimsy excuse again. Borrowing for Electricity and Railway. In real sense NEPA will never supply light to the nation adequately. As for the railway project from Kano to Lagos, how many times will they allocate money for the project? the debts they are amassing will be repaid by the young generation and those to be born on the money embezzled by thieving politicians. All the money earmarked from onset are have been for federal projects executed in the North and West. None have been executed in the East but the debt will be repaid by the whole Nigeria of which the East is a part. “One Nigeria indeed”. A lot of money have been seized by EFCC including those repatriated by foreign governments but we don’t know what happened to the money. To checkmate embezzlement and free for all grabbing of national funds by politicians and their cronies, let the country go back to regionalism where each region developes on its strength. This will bring in healthy rivalry instead of what is going on now where some states are not making any effort to raise revenue but rely on federal government for funds.

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