Tell Us Where To Find Fund If We Do Not Borrow, Fashola Attacks Govt Critics

November 6, 2018

1.2 min readCategories: News

“Buhari’s government revived the contracts that were stopped. If a contractor does not get paid, there is no magic to getting the work completed. He will have no alternative than to stop,” he said.

“You don’t expect the work that would have been done in decades to be completed within three and a half years.

“They (national assembly) are guilty of the slow pace of work. They shut the NASS session for two months and delayed the passage of budget for close to 9 months.

“We had to borrow through the Ministry of Finance and invest on road to enhance productivity, reduce journey, cost and time for business in order to generate income and wealth creation to payback the loans.

“Those who complain we borrow too much should tell us where else to find funds. We are not raising tax and if we do, they will still complain.”

Above were the words of Mr. Babatunde Fashola, Minister of Works, Power, and Housing, while responding to those criticising the federal government for borrowing too much.

Recall that Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), had faulted the borrowing plan of the government.

He had challenged Buhari to explain how his government spent “N16 trillion in three years”.

Some notable Nigerians have also criticised the government over excessive borrowing by the administration of president Muhammadu Buhari.

While responding to government critics, Fashola said the only way government could get money to execute some projects is to borrow.

download the starnews app

About the Author: Starnews NG


  1. blog school November 15, 2018 at 6:47 pm - Reply

    I have been absent for some time, but now I remember why I used to love this website. Thanks , I will try and check back more often. How frequently you update your website?

  2. Google January 30, 2019 at 7:27 pm - Reply


    Here is a good Weblog You might Obtain Interesting that we encourage you to visit.

Leave A Comment

Herdsmen attack farmers, traders in Ondo community, killing 6

Pray against bomb blast, water disaster in Lagos — Ondo Prophet urges Nigerians

BREAKING: There’s grand plot to assassinate Atiku, IPOB raises alarm

‘Military operations affected’ over scarcity of naira note, Ali Ndume raises alarm

Civil servants stranded over scarcity of old, new naira note

Bankers endangered Over Naira Scarcity– Unions

Senator Tofowomo seeks Emiefele’s arrest

Who told El-Rufai North behind Tinubu, Bafarawa asks

Gov Akeredolu swears-in new Chief Judge, four High court Judges

ICPC arrests bank manager over wrapped new naira notes in ATM vault

Recent Tweets