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Africa Housing News > Blog > Mortgage News > Loans: Buhari Mortgaging Nigeria’s Future – OPC
Mortgage News

Loans: Buhari Mortgaging Nigeria’s Future – OPC

Fesadeb
Last updated: 2020/08/05 at 1:23 PM
Fesadeb Published August 5, 2020
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Again, another group, the Oodua Peoples’ Congress (OPC) has condemned the Fed­eral government’s continued loan arrangements with Chi­na, saying that the Muhammadu Buhari- led federal government had embarked on a suicidal mission that will push the Ni­gerian economy beyond recovery.

In a statement by its Publicity Secretary, Bar­rister Yinka Oguntimehin, the group ex­pressed worry that with the various loan arrangements by the federal government, there is no doubt that Buhari’s gov­ernment is deeply interested in mortgaging the future of the country, thus making the southwest the greatest loser and the poorest in the country.

Oguntimehin, however, wondered if there would be a country called Nigeria after 2023, stressing that the present economic situation in the coun­try portends grave danger.

According to him, Nigeria needs no heavenly diviner to tell the poor direction of government.

“I do not doubt that the pro­longed brouhaha generated by the current loan arrange­ments with the Chinese gov­ernment is never in the inter­est of the entire country. How can you explain the rationale behind the FG loan arrange­ments?”

“It is obvious that the FG is up to something sinister because all available indices have it that the Nigeria econo­my is gradually moving down­wards”.

Recall that there have been various uproar about Buhari’s incessant loans.

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TAGGED: Buhari, China, Loans, Mortgage
Fesadeb August 5, 2020 August 5, 2020
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