Debt Forgiveness From Creditor Nations be Given Priority – Felix Ajakaye

Bola Ahmed Tinubu has been urged by the founder of Afe Babalola University, Ado Ekiti, Aare Afe Babalola, Most Rev. Felix Ajakaye, to make crucial decisions as soon as he gets into office in order to bring about the necessary reforms that Nigerians long for.

He suggested that debt forgiveness for Nigeria from creditor nations and multilateral financial institutions be given top priority by Tinubu’s administration.

He stated that he expected Olusegun Obasanjo, a previous president, to serve as an example for Tinubu, saying that Obasanjo spent the first two years of his presidency traveling around pleading for debt forgiveness.

He said, “Today, We are the worst debtors in the world. We owe trillions of dollars. We are borrowing more even when the current government has few days to go. And we learnt that our incoming President has gone to look for those who are coming to invest here.

“What I expect the incoming President to do is to learn from former president, Olusegun Obasanjo, who spent the first two years of his administration going around to beg for forgiveness of our debts. Nobody is coming to invest here when you can’t even pay the interest due on the huge debt that we owe,” Babalola said.

While speaking on Sunday during a Thanksgiving Service to mark World Communications Day, he advised on the appointment of the right people, adding, “Tinubu must reduce the cost of governance and he must ensure that there are not abandoned projects. He must promote politics of engagement. He must ensure his ‘Renewed hope’ is meaningful and positive”

“Tinubu should put a halt to all these and many more. It is painful when people are wasting tax payers’ money”.