Former Vice President of Nigeria, Atiku Abubakar, has attacked President Muhammadu Buhari’s administration over the increase in borrowing.
Atiku said Nigeria under the administration of Buhari, has taken more loans in the last three years than it did in the 30-year period preceding 2016.
He described the monumental increase in borrowings as an unprecedented reduction in investments in education as worrisome.
Newsmen recalls that Buhari on Thursday sought the re-consideration and approval of the National Assembly on the 2016-2018 External Borrowing Plan of the Federal Government.
The former Vice President said this while speaking at a ceremony hosted by the American University of Nigeria on Saturday in Yola, the capital of Adamawa.