Sokoto-Badagry Highway: Atiku blasts Tinubu over additional $516m foreign loan request

Atiku Abubakar, erstwhile Vice President, has faulted the petition by President Bola Tinubu’s authorities for the support of a caller $516 cardinal outer indebtedness to concern portions of the Sokoto–Badagry Superhighway project.

In a connection connected Thursday by his spokesperson, Phrank Shaibu, Atiku noted that infrastructure development—particularly 1 that seeks to link the Northwest to the Southwest is necessary; however, noble intentions cannot excuse reckless fiscal choices.

“At a clip erstwhile Nigeria is already groaning nether the value of unsustainable debt, the edifice to yet different overseas loan—without transparent terms, wide cost-benefit analysis, and a credible repayment framework—raises profound questions astir prudence and accountability,” Atiku stated.

Atiku said that though radical of the portion merit specified development, it should beryllium sustainable, transparent, and not mortgaged against their future.

“What Nigerians expect is not conscionable ambitious projects, but liable financing. Development indispensable not go a euphemism for deepening indebtedness traps that...