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09 December 2019

Expert Urges Government to Sensitise Nigerians on Foreign Loan.

A former Executive Secretary of the Chartered Institute of Bankers of Nigeria, Doctor Uju Ogubunka, has advised Federal Government to sensitise Nigerians on the importance of the proposed Twenty-nine point nine six billion dollars foreign loan towards boosting the economy.

In an interview with Newsmen in Lagos, Ogubunka said a thorough sensitization must be done through various platforms, in order to reduce anxieties and reassure Nigerians more through proper clarification about the loan.

He said getting loans to put in basic infrastructure was one of the best ways of stimulating economic growth, noting that requesting for it was inevitable due to the current price of oil at the international market.

Ogubunka added that the people’s mistrust for government accessing loans was expected because of previous experiences from past leaders.

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