I hear Nigeria is about to (if it hasn’t) borrowed a humongous amount of between $23b and $30b US dollars!
Yeepa!!
Doesn’t it amount to selling our very future? Unfortunately, most of the, if not all, the present political leaders and even those of us who are nobodies wouldn’t be on this side of the earth in a few years, when it’s payback time.
So, that means we would leave those debts to our children. And something tells me that added to the debts Nigeria had already incurred, they too would leave the debts to their own children.
I’m not against borrowing per se! But then, of what purposes have all we’d been borrowing been to us?
When I ask of what purposes, I’m doing so responsibly.
A situation where most of the roads are in a worrisome state, where the whole nation has been rendered into a huge generating house because of lack of electricity, where to get pipe borne water remains a luxury, where the public school system remains a sham, where the nation produces almost nothing, where workers’ take home pay can’t actually take them home, where many wives have been forced into harlotry, where many men have turned into gigolos and where the leaders have turned against the led apparently gives reasonable people a grave cause for concern.
That’s why the IMF chief in Nigeria cried out about what Nigeria is getting itself into. Our own Akin Adesina who happens to be the current president of the ADB has also warned Nigeria.
Most discerning people too have shouted themselves hoarse against Nigeria falling into the dungeon which a debt trap is.
But then it’s like the present spendthrifts who happen to be leading Nigeria have a fixated mind. And that’s to spend on behalf of our generations yet unborn. They believe the dim future would always take care of itself.
The lending agencies won’t, unfortunate as it might be, refuse us the loans. You know a Yoruba proverb says, no one will prevent a child from being a leper, if he could live a solitary life in the bush.
I implore Nigerians everywhere to make their feelings about Nigeria going aborrowing needlessly known. We should know that, ‘He who goes aborrowing goes asorrowing’.
I will end this post by using another wise saying of the Yoruba, an elder who doesn’t open his mouth to talk when it really matters will pretty soon run like a bow legged person!
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