Economy

Adopt OBJ’s style of debt forgiveness from creditors – Afe Babalola urges Tinubu

The founder, Afe Babalola University, Ado-Ekiti (ABUAD), Afe Babalola SAN, has advised the President-Elect, Asiwaju Bola Ahmed Tinubu, to seek debt forgiveness for the country when he assumes office.

Babalola said he expects the incoming president to learn from former President Olusegun Obasanjo, who spent two-three years of his administration begging for debt forgiveness for the nation.

He made the remarks at the weekend while answering questions from journalists after a lecture titled: “Smart Infrastructure: Catalyst for Sustainable Development held at the Alfa Belgore Hall of the university by Prof Bamidele Adebisi of the University of Manchester.

The educationist, who described Nigeria as the worst debtor today, said “we owe trillions of dollars and we are still borrowing more even as the present administration has few days to go.”

He added, “We learnt that the in-coming president has gone to look for those who will invest here. Our naira is worthless, seek for debt forgiveness.

Prof. Adebisi, whose lecture was on smart infrastructure, said technology has come to stay.

He said, “We can use technology as a tool for societal development.”

(Daily Post)

Raufu Musliyu

Raufu Musliyu is the Editor-in-Chief of News Flash Media Service. He is a PhD Student of Al-Hikmah University, Ilorin in the field of Mass Communication. Musliyu holds Masters of Science (M.Sc) Degree in Mass Communication majoring in Public Relations/Advertising. He also holds Bachelor of Science (B.Sc) and Higher National Diploma (HND) in Mass Communication. The Editor-in-Chief also bagged Post-Graduate Diploma (PGD) in Public Relations. He is an Associate of Nigeria Institute of Public Relations (NIPR) and Advertising Regulatory Council of Nigeria (ARCON). Musliyu is the Head of Corporate of Affairs & Administration of Abdulrauf Jimoh & Co.

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