Justice Akanbi kicks against $30 billion loan

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Justice Mustapha Akanbi, pioneer chairman of the Independent Corrupt Practices and other related offences Commission (ICPC), has kicked against the proposed borrowing of about 30 billion dollars by the federal government.


Speaking in Ilorin, Kwara State during the commissioning of a library complex built by the Mustapha Akanbi Foundation, he said the present government should prefer better management of economy than borrowing.


Akanbi also said that Nigerians should be informed of facts behind the proposed borrowing.

“For me I do not believe in borrowing. I do not borrow money and I do not encourage my children to borrow money. I do not know how they make it. Even now that we are in recession, I have cut down what I give to people.

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“Didn’t we even beg that they should write off our debt? I do not know the facts that determines the issue of borrowing. I know if you live according to your means, you will not be in trouble. Even Buhari should prefer better management of economy than borrowing. Everybody should prefer better management. If you manage your affairs better”, he said.

On the way out of recession, Akanbi said that, “we should please ask our president, whom we voted for, to really find a way of boosting the economy of the country. A hungry man is an angry man and a bitter man. If the money they are collecting, in fact I am looking for whether I will get a telephone call to the Vice-President as a lawyer that by next year, they will start campaign for election, if people are hungry they will not be happy. So, we should do our best. I know he is trying, they are collecting money from those who have taken bribes and the rest.”

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