Engr David Umahi, the Minister of Works, has provided insights into the borrowing practices of President Bola Ahmed Tinubu since he took office on May 29, 2023. Umahi emphasized that the loans are aimed at financing critical infrastructure projects and stimulating economic growth. He highlighted the necessity of these funds to address the country's pressing developmental challenges and improve public services. The minister's remarks come amid ongoing discussions regarding the implications of increased national debt.
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