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Nigeria’s President Buhari Responds to Debt Critics: “We Just Have to Take Loans to do Rail, Roads and Power”

by Eric Olander
Nigerian President Muhammadu Buhari.

President Muhammadu Buhari finally weighed on the debate currently raging in Nigeria over the government’s decision to borrow billions of dollars, including from China, to build badly-needed infrastructure.

“We have so many challenges with infrastructure. We just have to take loans to do roads, rail and power, so that investors will find us attractive and come here to put their money,” said the president during a meeting of the Presidential Economic Advisory Council at the State House in Abuja.

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