APC led govt has taken more loans than all administrations combined – Dele Momodu

An ADC Chieftain and a former presidential aspirant of the Peoples Democratic Party, PDP, Dele Momodu, says the administration of President Bola Tinubu has taken more loans than all the governments of Nigeria combined.

Momodu made this assertion in an interview on ‘Sunrise Daily’, a programme on Channels Television monitored by other new media on Wednesday.

Dele Momodu, the publisher of Ovation Magazine also said that the APC-led government has not been able to balance the trillions of naira budget it claimed to be running.

“Tinubu’s govt has taken more loans than all the governments of Nigeria combined. We have not seen the effects of that loan. So, a lot is going on that Nigerians cannot understand, but there is a preponderance of propagandists who are willing to delete their brains and sell their souls for peanuts”, he said.

“APC is supposed to be an offshoot of the Buhari administration, yet every day, it is APC itself that is blaming Buhari and blaming APC”, Momodu said.

“So when you see a situation like that, you will wonder if these guys are serious at all. Now they are saying, oh yeah, they stabilised the exchange rates against the dollar. I laugh. They forget to tell us where the dollar was when they took power”.

On readiness of the coalition, ADC…

He said “For me, the ADC does not have to do much. We will meet insha allah, by God’s grace point by point and we will demand answers to those issues”.