Economy Politics

ECONOMIC EXPERT QUESTIONS NEW $1.25 BILLION WORLD BANK LOAN PLAN

Financial expert Kenneth Okara has questioned the Federal Government’s plan to secure a fresh $1.25 billion loan from the World Bank. He said Nigerians deserve accountability on how previous loans and subsidy savings have been utilized.

Okara warned that continued borrowing without visible development projects could worsen inflation and economic hardship for citizens. He stressed that while loans may be necessary for infrastructure, they must translate into tangible national benefits.

Exit mobile version