Who wouldn't do better and perhaps even succeed with a purse of $30b?
As the agitation for #Restructuring and #TrueFederalism gathers steam and maintains momentum, it becomes necessary to determine the following.
1) WHO IS BORROWING WHAT, AND FOR WHICH PROJECTS.
2) WHO IS GOING TO REPAY THESE LOANS?. .
1) WHO IS BORROWING WHAT, AND FOR WHICH PROJECTS.
2) WHO IS GOING TO REPAY THESE LOANS?. .
Every state should be perfectly free to borrow whatever loan it desires, and from whatever financial institution it so desires, World Bank, AfDB, Arab Development Bank, Islamic Bank, Kuwait bank for Reconstruction, Japanese Development Bank, US-Exim Bank, Etc, SO LONG AS THEY DO NOT EXPECT SOME OTHER POLITICAL ENTITY TO REPAY SUCH LOANS. This requirement, which is a no-brainer, is just one of the items on the plate for political #Restructuring.
I wouldn't want Buhari to borrow on my behalf, EVEN for a project ostensibly meant for the South-East ie Igboland. He and his team do not possess either the cerebral capacity or the reservoir of goodwill to plan ANYTHING for the benefit of Ndigbo, OR even Lagos State for that matter.
Yes, it is as bad as that.
No comments:
Post a Comment