BRUSHING aside all calls for caution, the President, Major General Muhammadu Buhari (retd.), is seeking the approval of the National Assembly for yet another N819.54 billion domestic loan. Ostensibly, the supplementary budget he presented to justify the request is anchored on fixing the infrastructure destroyed by floods across the country. Buhari has taken too many loans; with only five months left for him to relinquish power, lawmakers should stop rubber-stamping his requests and plunging the country further into the debt trap. In the letter attached to the supplementary budget read…
Read More