A chieftain of the African Democratic Congress (ADC), Kenneth Okonkwo, has alleged that President Bola Tinubu’s $20.5 billion and €1.04 billion, loan bid totally about ₦30.2 trillion is a vote buying scheme.
Naija News reports that Okonkwo, Speaking during an interview on News Central Television on Wednesday, said the advice to borrow such a huge amount must have come from a madman.
Okonkwo said the loan is targeted on eve of the 2027 general elections, stressing it is not for development but to rig the election.
The Nollywood actor cum politician also declared that 2027 will be a battle for the soul of Nigeria, adding that it is either Tinubu goes or the country goes.
He said, “The advice to Tinubu to borrow $20.5b and €1.04b (N30.2trn) on the eve of the election must have come from a madman and is targeted to be used to buy votes.
“In 2027, it is either Tinubu goes, or Nigeria goes, but both of them cannot go together.”
Meanwhile, some Nigerians have reacted to Kenneth Okonkwo’s allegation, questioning the rationale behind the huge borrowing at a time the country is already heavily indebted.
However, the Presidency is yet to react to the allegation at the time of filing this report.
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