The Peoples Democratic Party (PDP) has criticised the National Chairman of the All Progressives Congress (APC), Abdullahi Adamu, for saying that the Federal Government can borrow “from here to eternity.”
Newsbreak.ng recalls that Adamu had said Nigeria can borrow money for development till eternity.
He stated this when he appeared on Trust TV on Tuesday.
But reacting, the PDP spokesman, Debo Ologunagba, said it was irresponsible for the party leader to justify the loans which he said was for consumption.
The PDP spokesman contended that past PDP administrations also borrowed, but added that it was for a good cause, noting that they paid back.
His words: “Nigerians knew when they were free of debt, they knew when the nation paid off its debts and they knew the government that was borrowing. Borrowing responsibly and investing in people is good but when you borrow and you convert it into personal use. Their own is to borrow and steal, the PDP borrowed and invested.
“The transformation in the airports was the project of the PDP. We opened up the economy; the privatisation scheme opened up the economy and Nigeria was almost the number one destination point for investors. So, it is irresponsible and we are not expecting anything more from the APC government other than this level of impunity and recklessness.
“It is completely irresponsible for the APC chairman to say they can borrow till eternity. Why would the chairman of the party say that other than the fact they have complete disregard for us, for knowledge and for capacity? Borrowing is part of life but you must borrow responsibly.”