'Copy South Africa’ - Peter Obi Decries Nigeria’s ‘Unproductive’ Borrowing

Obi flays Nigeria’s debt surge, cites S’Africa’s $1 billion loan model

Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has drawn attention to South Africa’s transparent

Obi seeks transparency in Nigeria’s borrowing, cites S’Africa’s $1bn loan

By Henry Umoru Presidential candidate of the Nigeria Democratic Congress, NDC, ahead of the 2027 polls, Peter Obi has asked the Federal Government to, as a matter of urgency, tell the country how the nation’s mounting debt is being utilised, pointing to South Africa’s transparent handling of a recent $1 billion development loan as a model worthy of emulation. The former Anambra State governor said that the South African government openly came up…

'Copy South Africa’ - Peter Obi decries Nigeria’s ‘unproductive’ borrowing

The Nigeria Democratic Congress, NDC, presidential candidate, Peter Obi, has charged Nigeria to emulate South Africa in its borrowing patterns. Obi gave the charge on Thursday in a post on his verified X handle, noting that borrowing itself is not a bad thing but the transparency is utilising the borrowed funds. The former Anambra State governor described the South African pattern as what accountable borrowing should look like, noting that the p…

Peter Obi Demands Transparency in Nigeria’s Borrowing, Points to South Africa’s $1bn Loan Model — Akelicious

NDC presidential candidate Peter Obi has called for greater transparency and accountability in Nigeria’s borrowing practices, citing South Africa’s recent $1 billion loan from the New Development Bank as a model worthy of emulation. In a statement on Thursday, Obi said borrowing is not inherently bad, stressing that what matters is how the funds are utilized and whether citizens can clearly see the impact of the debt on their daily lives. Accord…

Emulate South Africa’s transparent borrowing model

The Nigeria Democratic Congress, NDC, presidential candidate, Peter Obi, has charged Nigeria to emulate South Africa in its borrowing patterns.   Obi gave the charge on Thursday in a post on his verified X handle, noting that borrowing itself is not a bad thing but the transparency is utilising the borrowed funds.   The former Anambra State governor described the South African pattern as what accountable borrowing should look like, noting that t…

Peter Obi Slams Nigeria's 'Unproductive' Borrowing, Warns Against...

The Nigeria Democratic Congress, NDC, presidential candidate, Peter Obi, has charged Nigeria to emulate South Africa in its borrowing patterns. Obi gave the cha... #hotnews, #peterobi, #flyingeze