Learn from Obasanjo, Seek Debt Forgiveness on Assumption of Office, Afe Babalola Advises Tinubu – THISDAYLIVE

*Says no available data to determine low-income earners in NigeriaThe founder, Afe Babalola University, Ado-Ekiti, , Chief Afe Babalola, has advised the president-elect, Bola Tinubu, to first seek debt forgiveness for Nigeria when he assumes office on May 29th, 2023, for the country to move forward.

The elder statesman insisted that no investor would be willing to invest in a country where they cannot even repay their debts and not to talk of the interest owed.“The president- elect should learn from Former President Olusegun Obasanjo who spent his first two years in office to be going around to seek for debt forgiveness,” the Senior Advocate of Nigeria said.

He said: “The purpose of the lecture is to change, promote and revolutionalise the society which we are doing here.” President Muhammadu Buhari had sought approval of the House of Representatives for a fresh $800 million loan to finance the NSSNP.In the letter, dated May 2, 2023, and addressed to Femi Gbajabiamila, the president had told lawmakers that the programme was intended to expand coverage of shock responsive safety net support among poor and vulnerable Nigerians.

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