How Buhari plans to sell Nigeria off - Gov Fayose | Nigeria News Today. Your online Nigerian Newspaper f

Governor Ayodele Fayose of Ekiti state has accused President Muhammadu Buhari of planning to mortgage the future of Nigeria.

According to him, Nigeria has a little about $2bn in the excess crude account and about $22bn in the foreign exchange reserve. Hence, Buhari's plan to borrow $30bn will definitely put Nigeria's future in a huge debt.

"Propaganda Isn't the truth, APC is running this country through propaganda. $29bn is the amount Buhari met in the foreign reserve, Excess crude account was over $2bn. Now foreign reserve has dropped to $24bn. I am against them borrowing about $30bn that will leave us indebted perpetually.

"I am against any government borrowing beyond its tenure," he said.

"To borrow is not the issue, managing it is it, if we borrow $30b to fund 2017 budget, how much are we going to borrow to finance 2018 budget," he queried.

He spoke during a radio program in Ibadan on Monday after a meeting with south-west governors.

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  1. Akanni John OyetundeNovember 22, 2016 at 9:59 AM

    Mr Fayose, you can only help this country if all of you that stole our common wealth will refund it. Then Buhari will not need to borrow. It is people like you that want to enslave us the masses.

  2. Noise maker Fayose. where were you when GEJ was borrowing? after making so much from crude oil sales and no penny was save. how much did Yar'adua government left behind for GEJ? coz u were giving billions of naira for your eelction. you were given bail out funds and your government is still owing workers salary.

  3. There is no way you will tell them that they will listen. Sentiment has blocked their heads. Propagandist government of no focus.

  4. Akanni John Oyetnde, close your Gutter, Buhari sponsored Clinton with N500 million in USA election, but still borrowing from IMF, Buhari claimed he had no money to buy Presidential ticket, but all his children studied abroad, do you know the cost of Aisha wears ??? Do not be deceived by his Buhari cunny man, visionless change and outdated policies...

  5. Buhari sponsored clinton with $500m,means #150b,but buhari claim saint obi to nigerian time will tell all his propaganda will come light one day.


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