Borrowing Is Not A Problem – Tinubu
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Bola Tinubu says borrowing is not a problem if the country can repay it through hard work and proper management.
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He noted that taking loans should not be seen as something negative, as long as there is a clear plan to meet repayment obligations.
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The president stressed that what matters is how the funds are used and the ability of the economy to support repayment over time.
He pointed to the need for discipline, productivity, and growth to ensure that borrowed money delivers value.
His remarks come amid ongoing debates about Nigeria’s debt profile and the role of borrowing in funding development projects.
Many analysts say loans can support infrastructure and growth if handled carefully, but warn of risks if not properly managed.
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