Rufai Oseni Challenges FG Over Continuous Borrowing, Demands Loan Repayment Plan

Rufai Oseni Key Takeaways Arise News anchor Rufai Oseni has urged the Federal Government to explain how it plans to repay the loans it continues to take. Speaking on Friday’s Morning Show, Oseni criticised the government for what he described as continuous borrowing without proper cost-benefit analysis. Oseni warned that continued borrowing could put more pressure on the economy if left unchecked, saying Nigerians already face hardship. Arise News anchor, Rufai Oseni, has urged the Federal Government to explain how it plans on paying back the loans it is taking.

He slammed the government for its continuous borrowing without proper cost benefit analysis.

Naija News reports that Oseni shared his reservations during an episode of the Morning Show on Friday.

He insisted that no serious government takes loans without doing a proper cost benefit analysis to show whether the loan will benefit the people or become a burden.

“You don’t just take loans without doing cost benefit analysis. What is the benefit of these loans to Nigerians? You must explain to us,” Rufai said.

According to him, Nigerians are already suffering from hardship and the continued borrowing will only put more pressure on the economy if not properly checked.

Meanwhile, Oseni, has said the people of Rivers State are the ultimate losers in the whole political war which happened in the state, noting that their interests are not being considered.

Naija News reports that Oseni’s remarks stemmed from recent political developments in the state ahead of the forthcoming election

Recall that Governor Siminalayi Fubara, during the unveiling of the Rainbow Coalition’s candidates in Port Harcourt on Tuesday, presented the All Progressives Congress (APC) flag to Ogundu Kingsley Chinda, an ally of the Federal Capital Territory (FCT) Minister, Nyesom Wike, as the party’s governorship candidate in the 2027 general elections.

Fubara also declared that Wike is the political leader in the state, urging those who called him (Fubara) leader during the crisis to stop.

Speaking on Arise Television’s ‘Morning Show’ on Wednesday, Rufai said the Rivers State crisis is about personal interest, not the people of the state.

Rufai said powerful forces have whipped Governor Fubara back in line after he fought to free himself from political godfatherism.

According to Oseni, the peace moves and reconciliations being celebrated benefit not ordinary Rivers people, who are suffering, but political elites seeking to share power and resources.

He said, “Fubara has been whipped back in line, and it is all about their interest and not the people of Rivers State.”

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