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Home Forums Buhari enemy of Nigeria’s progress – Reno Omokri on fresh $4bn, €710m loans

last updated by Tolu 1 month, 1 week ago
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  • #21755
    Seyibabs8
    Moderator

    Omokri

    Reno Omokri has criticized President Muhammadu Buhari for planning new foreign loans.

    Former assistant to former President Goodluck Jonathan, Omokri, accused the president of Nigeria as an enemy of progress.

    Omokri accused Buhari in a number of tweets of using foreign loans on alleged unnecessary things like building a naval base in the Kano State in the wilderness.

    He wrote:

    “A new $4 billion loan. What is Buhari even using all these loans for? Useless things like Naval Base in Kano’s desert and sewing Igbo trousers that never reach the ankle. What has this nation called Nigeria done to deserve this enemy of progress?

    “Naira is now ₦550 to $1, and Buhari still wants to borrow an additional $4 billion after increasing foreign debt from $10 billion in 2015 to $34 billion today? Does he have no shame? What type of bambiala mentality is this? Is it until Naira gets to ₦1000 to $1?”

    Read Also; Reno Omokri supports Winners Chapel’s decision, See what he said

    Buhari requested the Senate on Tuesday to grant external loans of $4 billion and €710 million.

    The request for the President was made in a letter to President Ahmad Lawan of the Senate and read yesterday in the plenary.

    Buhari said the loan proposed would be funded by World Bank, French Development Agency, EXIM Bank, and IFAD sovereign loans.

    Buhari noted that if the loan was approved, the federal government would be able to finance critical infrastructural projects across the country in different sectors.

     

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    • #21777
      John Adeleke
      Participant

      it just goes to show that we are ruled by bad and incompetent rulers, why does or what makes him think that borrowing money would solve the issues of the nation

      Share
    • #21791
      Bernard
      Participant

      He is a real enemy of progress for sure.. may God punish him for all the atrocities he’s comitting in this nation

      Share
    • #21811
      Tolu
      Participant

      God bless you Reno… You are always saying the truth all time.

      Share
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