Obi to Tinubu: Borrowing for consumption is ‘killer cancer’
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A former presidential candidate, Peter Obi, has criticised Nigeria’s borrowing pattern, warning that debt accumulated without productive investment could harm the country’s economic future.
In a statement posted on his X account on Wednesday, Obi described borrowing for consumption rather than production as dangerous, likening it to a “killer cancer” that erodes a nation’s economic health.
“Borrowing is not only a leprosy, but a killer cancer when it is borrowed for consumption and
In a statement posted on his X account on Wednesday, Obi described borrowing for consumption rather than production as dangerous, likening it to a “killer cancer” that erodes a nation’s economic health.
“Borrowing is not only a leprosy, but a killer cancer when it is borrowed for consumption and
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