The New Chief of Staff, Prof Agboola Ibrahim Gambari, Minister of Information Alhaji Lai Mohammed and Minister of Transportation, Mr Rotimi Amaechi during FEC Meeting at the Council Chamber State House Abuja. MAY 13 2020
The New Chief of Staff, Prof Agboola Ibrahim Gambari, Minister of Information Alhaji Lai Mohammed and Minister of Transportation, Mr Rotimi Amaechi during FEC Meeting at the Council Chamber State House Abuja. MAY 13 2020
Articles and OpinionTrending Story

FG Loans: Protest Is Not The Answer

435

 

In the last few weeks, Nigeria has witnessed protests and threats of protests by organized labour and civil society groups in the country over Federal Government’s borrowing. In particular, they have criticized the Chinese loans and other loans obtained by the Federal Government for the execution of concrete infrastructure projects in the country.

Revolution Now, a civil society group had last week embarked on civil protest over the loans and have vowed to continue to protest until the Federal Government stop taking loans.

Although no Nigerian has the right to stop anyone from protest over any issue including taking of loans by the government, resorting to threats and blackmail is Irresponsible and unacceptable irrespective of who is involved.

It is however unfortunate to note that some individuals and civil societies have resolved to join the bandwagon in organizing civil unrest to show their grievances over government’s borrowing without a proper understanding of the entire issue.

Protests, civil unrests and threats are not the best options in dealing with a national issue of this nature but rather dialogue. It is important to note that the Federal Government borrow not to pay salaries but for the execution of concrete projects. Several of the infrastructure projects executed with the structured loans have had and are having positive impacts on the economic growth of the country. The ordinary Nigerian is the immediate beneficiary of these loans. Rather than condemn the government for this, those who are planning protests and civil unrests should think twice and see how they can form partnership with government in making quantum leap in infrastructure development for the overall benefits of the electorates.

Loans taken by Nigeria have followed due process and also have similar conditions over the years. What obtained in 2010 when Nigeria kickstarted the loan process is still what obtains today. Nothing has changed. So why the renewed interests in civil unrests and disobedience if not for political gains?

So let’s sheath our swords, understand the issues to enable us make informed decisions. Nigeria belong to all of us and we should not allow a few individuals for personal benefits ruin the progress we have so far made as a nation. Let’s be guided.

Dr Joseph Ejemhen, a social commentator writes in from Abuja

 

EDITOR’S NOTE

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of the Per Second News.

Leave a comment

Related Articles

Is the Port Harcourt Refinery now Born Again? By Simbo Olorunfemi

Miles away from Alesa-Eleme where Nigeria’s oldest Refinery is situated, one can...

Ghana on My Mind

In the heart of West Africa, where the echoes of drums narrate...

Tinubu, Abiodun, Sanwo-Olu, others extol Pastor Tunde Bakare at 70

Pastor Tunde Bakare, the founder of Citadel Global Community Church, is a...

The Minors: A Reflection of Decay in Society

By Dakuku Peterside  When voices rise in waves of protest, deeper wounds...

Dangote and the Nigeria petrol pricing crisis

By Michael Adetunji Alao There is an ongoing debate among Nigerians which...

Thoughts on Nigeria’s Food Insecurity By Dakuku Peterside

Nigeria is grappling with a multitude of significant challenges, each akin to...

Cabinet revision: Realism versus expectations

Nigeria is in the grip of a severe economic crisis, with high...

Nigeria and the scramble for Africa 2.0 By Dakuku Peterside

“Scramble for Africa” historically refers to the late 19th and early 20th...

NNPC Ltd and challenges in the oil sector: Banire misconceives the facts, promotes biased views

In the face of the challenges in the oil sector, particularly the...

Nigeria and the Illusion of Good Governance by Dakuku Peterside

Good governance is universally acknowledged as a critical factor in the progress...

Paralympic Games: Sports Minister congratulates Enioluwa on winning first medal for Nigeria

The Minister of Sports Development, Sen. John Enoh, has congratulated Mariam Eniola...

NNPC, Oando and Atiku Abubakar’s attacks

By Temitope Ajayi By his advanced age and eminent status as a...

From the DNC: Lessons for Nigerian political parties by Dakuku Peterside

Nigerians’ profound interest in US elections is no mere coincidence. The roots...

Issues around OVH Acquisition and NNPC Retail

By Femi Awoyemi There is no equivalence with evidence in the financial,...

China, Nigeria, and the hostage aircraft, By Dakuku Peterside

Every story has two sides, but when a country’s reputation as a...

Nigeria and the Symbolism of the Paris Olympics by Dakuku Peterside

Nations, diplomacy, and sports are interwoven. Sports persons and sports teams are,...

Dangote Refinery: The Danger Of A Single Narrative -Sifting The Facts From Emotion

By Richard Akinola When the Dangote refinery controversy blew up, naturally as...

Perspectives on #EndBadGovernance protests by Dakuku Peterside

We are witnessing some of the worst anti-government protests in our recent...

NNPC Ltd: An All-round Asset to Nigeria

By Olufemi Soneye In its editorial of 2nd August, 2024, the BusinessDay...