Debt is worse than leprosy - Obasanjo tackles Tinubu over borrowing comment
Former President Olusegun Obasanjo has tackled President Bola Tinubu over his comment that borrowing is not leprosy, saying debt is worse than leprosy because it destroys generations. Obasanjo spoke on Friday in Abeokuta, Ogun State, at the Ajibosin Platform, a public forum themed "Leveraging Artificial Intelligence to Solve Grassroots Problems and Accelerate National Development." Tinubu […]…
Former Nigerian Head of State Olusegun Obasanjo criticized President Bola Tinubu's assertion that borrowing is not comparable to leprosy, arguing that debt is far worse because it affects entire generations. Obasanjo made the remarks at an event in Abeokuta, Ogun State, focused on leveraging artificial intelligence to address grassroots issues and drive national development.
Tinubu had previously stated in April that his administration would continue to borrow as needed, emphasizing that borrowing should not be viewed negatively. The former leader's comments came as Nigeria grapples with a growing debt burden and an increasing share of national revenue earmarked for debt servicing.
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