'Even the rich cry now – Sen. Umeh slams Tinubu over fresh borrowing request
The lawmaker representing Anambra Central Senatorial District, Victor Umeh, has slammed President Bola Tinubu over his plan to borrow more funds. Speaking during an interview on Channels Television's Politics Today on Tuesday, Senator Umeh said Nigerians are groaning and suffering under the current administration. He lamented the state of the economy. According to him, the […] 'Even the rich cry…
Senator Victor Umeh, representing Anambra Central Senatorial District, has harshly criticized President Bola Tinubu over his proposal to borrow additional funds. During an interview on Channels Television's Politics Today, Umeh expressed the suffering of Nigerians under the current administration and lamented the state of the economy.
He pointed out that the nation's resources have been poorly managed. Umeh stated, “We are overborrowing. Citizens are groaning. We are suffering. Even the rich also cry now in Nigeria. The resources in the country have been poorly managed.” He questioned the government's decision to borrow more funds, especially after the removal of fuel subsidies and the increase in revenue.
Umeh urged President Tinubu to reduce the cost of governance rather than resorting to overborrowing.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Senator questions Tinubu’s fresh loan request, use of previous borrowings premiumtimesng.com
