Post by Arise News (@arisenews)
Bola Ahmed Tinubu said at the Africa Forward Forum that high borrowing costs are slowing Africa’s industrial growth and hurting competitiveness.
Source: https://www.arise.tv/oshiomhole-hits-sa-investors-over-xenophobic-attacks-tinubu-in-kenya-alexx-ekubo-dies-trending-with-ojy-okpe
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Zid Jason Singabele: Mr president is not correct. What is slowing down Africa's industrial growth is wrong use use of borrowed funds and lack of steady electricity. Just provide Nigerians with steady electricity and use borrowed funds appropriately and watch the rapid growth of industrialization in Africa.
Oscar K: Mr. President, you recently stated that “high borrowing costs are slowing Africa’s industrial growth and hurting competitiveness.”
If that is the case, how does taking another $516 million loan help Nigeria’s situation?
Nigerians deserve clarity and solutions that match the message.
We are watching...
If that is the case, how does taking another $516 million loan help Nigeria’s situation?
Nigerians deserve clarity and solutions that match the message.
We are watching...