Former Kaduna senator Shehu Sani has urged President-elect Bola Tinubu to look into President Muhammadu Buhari’s departing administration.
According to Newsmen, when the N23 trillion in loans from the Central Bank of Nigeria (CBN) are securitized, the country’s debt profile comes to around N77 trillion.
Given that the president is currently seeking for a $800 million loan from the World Bank just a few weeks before its tenure is up, this has raised concerns among the populace.
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According to reports, the Buhari administration used some of the loans it had gotten to build roads, bridges, and other infrastructure all around the country.
Sani, however, argued that the first step in repaying the country’s debt is to carry out a thorough analysis of the costs of the projects they were purportedly used for.
The lawmaker encouraged the incoming administration to investigate every federal ministry, department, and agency under the Buhari administration in a tweet.
He said, “The first step towards servicing our billions of dollars of local and foreign debt is a full investigation of the cost of the projects they were purportedly used for.
“The incoming government must probe all the MDAs under this regime.”
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