The President of the Senate, Ahmad Lawan, says Nigeria will keep borrowing to fund critical infrastructures because the country is broke.
Lawan who made this known on Thursday while interacting with State House correspondents after meeting with President Muhammadu Buhari at the Presidential Villa, Abuja, said Nigeria is currently poor and had no other option, but to borrow to finance critical sectors of the economy.
The Senate President however, insisted that the legislature would not be frivolous in granting Executive’s requests for loans, adding that when permitted, the loans would be monitored to ensure effective use.
He also assured that the National Assembly would deliberate on other equally important matters such as the President’s request for loans before vacating for the summer.
