Senator Jimoh Ibrahim, representing Ondo South in the Senate, emphasized the necessity of borrowing for Nigeria's economic stability during an appearance on Channels Television's Politics Today.
Responding to inquiries regarding government borrowings, he underscored the indispensability of borrowing to sustain the economy, citing examples such as Dubai's effective use of borrowed funds for development.
Ibrahim emphasized that borrowing is crucial for Nigeria's economy, highlighting the need for critical infrastructure development that would facilitate repayment in the long term.
Ibrahim emphasized that borrowing is crucial for Nigeria's economy, highlighting the need for critical infrastructure development that would facilitate repayment in the long term.
Additionally, he defended the substantial delegation led by President Bola Tinubu to the COP28 Climate Summit in Dubai, justifying the number of delegates by highlighting the potential future hosting aspirations of such events by Nigeria.
The senator stressed that having a considerable delegation at international conferences like the COP28 Summit fosters knowledge exchange, crucial for a country grappling with environmental challenges.
The senator stressed that having a considerable delegation at international conferences like the COP28 Summit fosters knowledge exchange, crucial for a country grappling with environmental challenges.
He asserted that a lean delegation accompanying President Tinubu might not garner the desired seriousness from the international community, particularly concerning Nigeria's environmental concerns.
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