$6.9bn COVID-19 loan, plot by FG to deceive Nigerians ― PDP

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$6.9bn COVID-19 loan, plot by FG to deceive Nigerians ― PDP
Finance Minister Zainab Ahmed.

By Dirisu Yakubu

Plans by the Federal Government to source as much as the sum of $6.9 billion from international lenders to fight the COVID-19pandemic has been described by the Peoples Democratic Party, PDP, as a ploy by the President Muhammadu Buhari-led government to deceive Nigerians.

Minister of Finance, Budget and National Planning, Zainab Ahmed, had in a meeting with federal lawmakers recently hinted on plans to set up a N500 billion intervention fund to battle the global pandemic while also noting that government would seek foreign loans from the World Bank, International Monetary Fund, IMF and others to cushion the COVID-19 impact on the economy.

Reacting to the development, however, Deputy National Publicity Secretary of the PDP, Diran Odeyemi tasked government to come clean on what has happened to the billions of naira already donated by well-meaning Nigerians as palliatives to a vulnerable lot of the society.

He said: “It is clear…



Source: Vanguard Newspaper