FG Can Borrow Till Forever, Says APC Chairman Sen Adamu

By Adadainfo

Despite apprehension by Nigerians over rising national debt, the national chairman of the rulung All Progressives Congress, Abdullahi Adamu, says the federal government “can borrow from here to eternity”.

Speaking on a TV programme on Monday, Adamu said countries like the US and the UK borrow funds from international financial institutions to meet their needs.

President Muhammadu Buhari has been criticised for his administration’s borrowing to execute projects across the country.

“I remember a programme we had here, I told you and I thought you believed me that I have no quarrel, issues with government borrowing. Government can borrow from here to eternity.

The American government borrows, the Canadian government borrows, the United Kingdom borrows, France borrows money from the World Bank and such other institutions,” he said.

Adadainfo Adadareporters.com is an online newspaper reporting Nigerian news. Email: adadainfo1@gmail.com Phone: 08071790941

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