DOWNLOAD BOBOJAYTV ANDROID APP

Follow us Facebook |Twitter | Instagram | Join Facebook Group | Telegram for daily news updates

NigeriaPolitics

People Say We Have Over-borrowed But We Need More Money – Governor Bagudu

Kebbi state governor, Abubakar Bagudu has disclosed that states need more funds to invest in infrastructural development.

Speaking on the sidelines of the 27th Nigerian Economic Summit (NES) in Abuja, Bagudu averred that even though people say we’ve over-borrowed as country, however more money is needed to invest in our capacities.

He also stated that the limiting factor at the sub-national level is resources. Bagudu said;

I want to see the minister of finance, budget and national planning at the world stage telling investors that Nigeria needs $1 trillion to support development.

“People say we have over-borrowed, but we need more money, and we need the support urgently to invest in our capacities.

“I want to see how the ministry of finance (the minister is here) can go out there and confuse people on how to mobilise much more resources. For me, at the sub-national level, the limiting factor is resources.

“When Nasir el-Rufai, governor of Kaduna state, attempted to borrow from the World Bank… it was very frustrating for him to borrow small amount needed for the state on a development plan. You have to go to the federal government, assembly, all that.”

Disclaimer: Opinion and comments are solely the responsibility of the author and does not necessarily reflect the views of the publishers. Contact us for eyewitness reports, advert placement & or general enquiries >>> +2349138493600 Email: reports@bobojaytv.com

Leave a Reply

Related Posts

Back to top button
BOBOJAY TV BOBOJAY TV Would you like to receive notifications on latest updates? No Yes

Ad-blocker Detected

Please enable your add to access this website