Former Vice President, Atiku Abubakar has advised President Muhammadu Buhari to stop taking more loans, thereby adding to the nation’s debt.
He said this on Saturday at a ceremony hosted by the American University of Nigeria in Yola, Adamawa.
“Two weeks ago, a friend of mine, Prof. Anya O. Anya, revealed that Nigeria has taken more loans in the last three years than she has taken in the 30 years preceding 2016.
“I am a businessman. Perhaps the first lesson one learns in business is that you do not take loans except it is to expand your business. There is no justification for taking out loans to pay salaries; meanwhile, you are not investing in your future generation.
“Nigeria’s greatness is not as tied to her elders as it is tied to her youth. That is where our investments should be focussed on,” Atiku added.