‘Stop Mortgaging Nigeria’s Future’ – PDP Reacts To Buhari’s Fresh Loans Request

The opposition Peoples Democratic Party (PDP) has berated President Muhammadu Buhari over the plan to obtain fresh foreign loans of $4bn and €710m.

Naija News earlier reported that the President had forwarded a letter to the National Assembly seeking its approval to borrow the fresh loans.

In the letter read by the Senate President, Ahmad Lawan, during Tuesday plenary, Buhari urged the legislature to approve grant components of $125 million.

According to the President, due to the demands in the country, there is a need to raise more funds for some “critical projects”.

But in a…


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