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Buhari administration under attack over N2,2 trillion debt

24 September 2016, 10:37

Abuja - President Muhammadu Buhari's administration has been stated to be under attack over the N2,2 trillion debt that it has incurred over the last year, Punch reported.

According to statistics released by the Debt Management Office, the Federal Government's debt stood at N10,6 trillion as from June this year.

Also read: Recession: FG makes move to boost economy

The Head of the Abuja Social Action, Vivian Okafor has stated that the only way government was responding to the economic recession is to borrow more money to pay salaries.

The Nigeria Labour Congress suggested that government instead of misusing the funds rather utilise the borrowed funds to revamp the economy.

For more on this story visit Punch


- News24


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