FG Loans: Protest is not the answer

By Editor on 15/08/2020

Share on facebook Yahoo mail icon Gmail icon

Views: 471

Rotimi Amaechi, Minister of Transportation

In the last few weeks, Nigeria has witnessed protests and threats of protests by organised labour and civil society groups in the country over Federal Government’s borrowing. In particular, they have criticised 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 has 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 organising 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 borrows 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 kick-started 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



Source Whirlwindnews.com

Posted on August, 15 2020

Share on facebook Yahoo mail icon Gmail icon

You may also like...
Only God can explain this! Full text of...

Senate’s confirmation of Emefiele, victory for Nigeria

The Significance and Lessons of 'June12'

Jonathan and the Nigerian Democratic Enterprise: A Thundering...

Buhari must produce his certificate(s) or be impeached...

Nwanneka Ekweremadu: An exceptional woman of substance at...

Buhari’s letter: Creating a Constitutional crisis where there...

Lai Mohammed: An Unmanageable Mistake

Development reporting and hysteria journalism in Nigeria -...
Latest Opinions Buhari's historic 60th Independence Anniversary speech! See the full text Ndigbo, scorned in Nigeria, making waves globally It isn’t going to be all partying under Otoge Osodieme: Still touching the poor with a legacy of kindness Edo leaked video: Why Gambari must dare be different FG Loans: Protest is not the answer Ngige: The Ikenga at 68 Danger! Don’t travel anyhow, UK warns citizens *Includes N’Delta as danger zone North-South imbalance: Nigeria in free fall to self-destruct Appreciating CAFE at Six


Most Read Ambode: This war must be won (10,113 views) Why Nigeria must clamour for Obi at this time (6,714 views) Ortom’s 100 days of 'extravagance' (6,142 views) Ezekiel Izuogu: A huge asset for Buhari’s change agenda (5,672 views) Chekwas Okorie: Tribute to a great Onye Igbo (5,210 views) How far can Buhari’s probe go? (5,019 views) America’s interest in Nigeria: Dangers ahead (4,850 views) The Ogbonnaya Onu that I know (4,609 views) NCC’s Eight-point agenda: All eyes on Dambatta (4,597 views) A Tale of Sports, Political Gambling in Nigeria (4,505 views)


Opinions Editorial (24) Letters (9) Perspectives (212)


CBN banner advert

Chelsea Outdoor

Veleta banner

FRSC Officials vs Woman Driver on highway



Newsletters Subscribe to Whirl Wind News newsletters today and get breaking news and updates delivered to your mailbox!

Sign up