“Borrowing Is Not a leprosy” – Tinubu Defends Government’s Debt Strategy {VIDEO}
President Bola Tinubu has defended his administration’s approach to borrowing, stating that taking loans remains a legitimate tool for economic development if properly managed.
Speaking during a recent engagement, the President noted that borrowing should not be viewed negatively, stressing that what matters most is the country’s ability to utilise funds effectively and ensure repayment.
“If we have to borrow money, we will, because borrowing is not leprosy; we just have to work hard to be able to repay it,” Tinubu said.
He explained that governments across the world rely on borrowing to finance infrastructure and key development projects, adding that Nigeria would not be an exception in pursuing growth.
The President emphasised that his administration is focused on strengtheni...










