PDP govs lampoon Buhari over huge debt profile, CBN’s operations - Punch Newspapers

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The Peoples Democratic Party Governors Forum on Monday rose from a meeting in Uyo, Akwa Ibom State, condemning the rising debt profile of the country.

The body also accused the Central Bank of Nigeria of operating as an independent government within a government.

‘The communiqué reads in part, “The PDP frowns at the rising and seemingly uncontrollable debt profile of Nigeria with over 80 per cent of normal Appropriation spent on debt servicing. “We should not saddle the incoming generation with undue debt burden. The borrowing spree of the APC administration, if unchecked, will certainly lead Nigeria to avoidable bankruptcy

 

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