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Buhari borrows for development, not to pocket —Adesina

Special Adviser to the President, Major General Muhammadu Buhari (retd.), on Media and Publicity, Femi Adesina, said this while speaking on the Channels TV’s programme, ‘Politics Today’.

While fielding questions from the show’s anchor, Seun Okinbaloye, about the possibility of fresh borrowings from bilateral meetings at the assembly, he said, “You don’t go to the UN to seek borrowings. Any borrowing will not be approved until it goes through the National Assembly.

“The President is not going to borrow again. That is not the essence of the summit. When he meets with other presidents at the multilateral meetings, whatever is done there will not go through the back door. That meeting will be reported and whatever action is taken will go through the National Assembly.

“The President is aware of Nigerians’ clamouring against borrowing. He doesn’t live in space. He lives among the people. Many times, at the Federal Executive Council meeting when issues of borrowing come up, he talks about it.

“He says he knows people are saying his administration is borrowing too much, but we are not borrowing to put in our pockets. We are borrowing for development.”

“This administration will borrow and use it for development. And we can see evidence of those borrowings and the salutary impact it has had on our national infrastructure,” he said.

Punch

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