Headlines
2020 Budget: Ex Aide To Jonathan Warns Buhari Against Chinese Loan
– Reno Omokri warns Nigerian Government that China may take over national asset
– They have done it to Sri Lanka, Maldives, Djibouti Kyrgyzstan & Laos. Buhari has enslaved us
– Mind you, debt servicing is paying interest on the debt, not repaying the debt
Aide to the Immediate Past President of the Federal Republic of Nigeria,Reno Omokri, has warned Nigerian Government that China may take over its assets.
Omokri warned in a tweet on Wednesday: “The problem with the Chinese loans General @MBuhari is acquiring is that when you cant pay, China wont cut you slack.
“Rather they take over your national assets.
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“They have done it to Sri Lanka, Maldives, Djibouti Kyrgyzstan & Laos. Buhari has enslaved us!”
“To show how much General @MBuhari has spent your future away, consider that in his budget, debt servicing takes ₦2.45trn, which is more than capital expenditure of ₦2.14trn.
“Mind you, debt servicing is paying interest on the debt, not repaying the debt.”
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