By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Real Reason Buhari Govt is Borrowing – Lai Mohammed
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Real Reason Buhari Govt is Borrowing – Lai Mohammed

News

Real Reason Buhari Govt is Borrowing – Lai Mohammed

Daily Report Nigeria
Daily Report Nigeria
Published: June 15, 2025
Last updated: June 15, 2025
2 Min Read
Share
Real Reason Buhari Govt is Borrowing – Lai Mohammed | Daily Report Nigeria
Minister of Information and Culture, Alhaji Lai Mohammed
SHARE
Lai Mohammed, Minister of Information and Culture, has explained that the President Muhammadu Buhari’s administration is borrowing to build world-class infrastructure that will benefit generations of Nigerians.

The minister stated this on Thursday at a town hall meeting with Prof. Babagana Zulum and stakeholders in Borno State.

Recall that the president had a few days ago written to the National Assembly to approve another $4 billion and €710 million external loans.

Mohammed said, “Naysayers have recently ramped up their criticism of the Buhari Administration for borrowing. These critics are insincere. We are not borrowing for recurrent expenditure or to pay salaries. We are borrowing to build world-class infrastructure that will benefit generations of Nigerians. And we have a lot to show for the loans we have taken.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

Also Read:Push For Constitutional Amendment on Debt Limit; SERAP Tells National Assembly

“Today, the standard-gauge rail lines between Lagos and Ibadan as well as Abuja and Kaduna are running well. Today, we have new airport terminals in Abuja, Kano, Lagos and Port Harcourt. Today,the Itakpe-Warri rail line that was abandoned for decades is running.

“Today, we have well over 13,000km of federal roads under repair, rehabilitation and reconstruction. There is a road project in every state, Today, we have started the countdown to when the 2nd Niger Bridge, which successive administrations have built only on paper, will be completed. The list of projects we are handling with the loans we obtained is long.”

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:Daily Report NigeriaLai MohammedTop Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

WARRI DELINEATION: Ogbe-Ijoh Demands More Wards, Threatens Shutdown of Oil Facilities
WARRI DELINEATION: Ogbe-Ijoh Demands More Wards, Threatens Shutdown of Oil Facilities
News
“If God Has Destined It, I’ll Marry Again” — Bukky Wright | Daily Report Nigeria
“If God Has Destined It, I’ll Marry Again” — Bukky Wright
Entertainment
Jack Dorsey Unveils Offline Messaging App, Bitchat | Daily Report Nigeria
Jack Dorsey Unveils Offline Messaging App, Bitchat
News
Champions League First Round Qualifiers Begin with 53 Teams in Action | Daily Report Nigeria
Champions League First Round Qualifiers Begin with 53 Teams in Action
Sports
JAMB Sets 150 As Cut-Off Mark For Universities Amid Admission Reforms | Daily Report Nigeria
JAMB Sets 150 As Cut-Off Mark For Universities Amid Admission Reforms
News

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

El- Rufai
Politics

El-Rufai Faces Rejection by SDP Group Over Controversial Political History

June 13, 2025
National Overseer of Deeper Life Bible Church, Udo-Mbang Slumps, Dies | Daily Report Nigeria
News

National Overseer of Deeper Life Bible Church, Udo-Mbang Slumps, Dies

June 15, 2025
IPOB Fingers Governor Hope Uzodinma as Gunmen Kill Anambra INEC Chairman | Daily Report Nigeria
News

IPOB Fingers Governor Hope Uzodinma as Gunmen Kill Anambra INEC Chairman

June 14, 2025
New Civil Service Strategy Will Improve Effectiveness, Reduce Wastage - Yemi-Esan | Daily Report Nigeria
News

New Civil Service Strategy Will Improve Effectiveness, Reduce Wastage – Yemi-Esan

June 14, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?