According to Ministry of Finance, Buhari has been borrowing to pay salaries

President Buhari

She spoke at a town hall meeting In Abuja.

The Minister of Finance, Mrs. Kemi Adeosun, was queried on ghost workers, continuous borrowing and why so much was being spent on one per cent of the population that form the government.

Adeosun said, “There is no quick solution to the present challenge. There is a fundamental problem, but if we can be patient, we shall get there.4

“We have a conservative borrowing programme; and we must borrow to do rail and other projects — the rail that we have now was done in the colonial era.

“We have to do rail to enable agriculture and solid minerals to be competitive. I don’t see any other option than to borrow.

“We will borrow sustainably; we will borrow to make sure that we don’t burden future generations.

“We have been borrowing in the past to pay salaries; now we borrow to invest.”


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