Former Vice-President Atiku Abubakar says President Bola Tinubu’s $516 million loan request to fund sections of the Sokoto–Badagry superhighway amounts to a reckless fiscal choice.
Tinubu had asked the national assembly to approve a $516,333,007 foreign loan to support the construction of sections of the Sokoto-Badagry superhighway project on Thursday.
“At a time when Nigeria is already groaning under the weight of unsustainable debt, the resort to yet another foreign loan, without transparent terms, clear cost-benefit analysis, and a credible repayment framework, raises profound questions about prudence and accountability,” he said.
The cable
