Reacting to last week’s request by the Nigerian leader to borrow fresh $4,054,476,863 and €710 million in an addendum to the 2018-2020 borrowing plan, the group, in a statement yesterday by its National Coordinator, Comrade Emmanuel Onwubiko, insisted that there was “evidence that the loans haven’t been spent productively and meaningfully, but are being shared by politically-exposed persons, thereby dragging Nigeria into the unfortunate quagmire of becoming a heavily indebted nation.”
