The presidency has criticized a chieftain of the African Democratic Congress, ADC, Peter Obi, for his over his comment about the President Bola Tinubu’s government taking foreign loans.
Tinubu’s spokesperson, Bayo Onanuga, informed Obi that taking loans is not leprosy or a cancer like he claimed.
He maintained that every sovereign nation takes loans.
Obi had compared the Tinubu administration’s borrowing to leprosy and cancer.
He wrote on X: “Mr. President, borrowing money is not just a problem, but a serious issue when it’s done for personal use instead of helping create jobs and grow the economy, which is happening in Nigeria right now.”
Responding to the post, Onanuga wrote: “Mr Peter Obi, you’re bringing up the same old arguments again with your sensationalist approach.
“What are you trying to say about borrowing? Every sovereign nation borrows money, and as President Tinubu correctly pointed out, borrowing is not a disease.
“If you really want to know, the government has been taking loans to pay for important infrastructure projects, not to spend on everyday things.
“The fact that we are getting money and have lenders who are willing to lend shows that our country is trustworthy and able to pay back the money.
“As a politician, you need to go beyond basic thinking and deal with today’s problems using calm reasoning, not by reacting with strong emotions on the streets or online.”