One thing is Nigeria borrowing money to finance projects, another is making sure that the borrowed money is properly spent on the projects. Looking at what is happening in Nigeria at the moment, it is as if the money borrowed was not properly used for the purpose it was meant for, which is a thing that should worry all Nigerians, both at home and abroad. Information reaching the Viewers Corner News from our correspondent in Abuja revealed that over 28 billion dollars in external loans have been accumulated so far for the country. We ask why, how, when and where were such huge sums of money used? Time has come for all Nigerians, both at home and abroad, to start asking questions concerning these debts, because if not controlled now, they will surely affect the future generation and even those yet unborn. The Viewers Corner News team is therefore calling on the leadership of Nigeria to review their borrowing patterns. Again, borrowing to pay salaries, feed the people of the country or carry out other activities that would not yield income to the economy of Nigeria is not a proper way to run a successful system.
Source: Viewers Corner News.