"Why I will not sustain Buhari's debt servicing style": Tinubu opens up

  • President Bola Tinubu has vowed not to sustain the economic strategy of the immediate past administration of President Muhammadu Buhari
  • While delivering the opening remark of the NBA conference in Abuja on Sunday, the president said he would not sustain the policy of using the country’s meagre revenue to service debt
  • According to President Tinubu, the prosperity Nigerians yearn for would only happen if the country can do away with poverty

FCT, Abuja – President Bola Tinubu has disclosed that his administration would not sustain the culture of the “failed economic theory” in which 90 per cent of the scarce revenue is used to service the external debt. At the same time, the country is faced with many development challenges.

In a tweet by NTA, the president made the declaration in Abuja on Sunday, August 27, where he declared open the annual conference of the Nigerian Bar Association at the Velodrome, Chief MKO Abiola Stadium.