$3.5bn COVID-19 IMF LOAN: DO NOT GRANT THE LOAN…..Frank Warns IMF
"Do Not Facilitate Corruption In Nigeria".....Timi Franks Warns IMF.
"The proposed $3.5billion loan given to Nigeria to fight COVID-19 is
questionable. @MBuhari's govt has collected several loans from China &
World Bank, but it doesn't reflect amongst Nigerians".
A
political activist and former Deputy National Publicity Secretary of the All
Progressive Congress, APC Comrade Time Frank, has called out the International
Monetary Fund, IMF on the proposed $3.5bn loan to the General Muhammadu Buhari government
in Nigeria.
With
many expressing their fears over the transparent utilization of loans secured
by the @MBuhari government to fight the COVID-19 novel pandemic that has
resulted in over 1,283 persons testing positive to the virus and over 35deaths
recorded so far.
The
political activist made this known via his Twitter account, @realTimiFrank as
he warned that Nigeria, under the @MBuhari administration has collected so
several loans from China and the World Bank with nothing to show on ground.
"I
hereby advise @IMFLive to be cautious not to facilitate corruption in Nigeria.
The proposed $3.5billion loan given to Nigeria to fight COVID-19 is
questionable. @MBuhari's govt has collected several loans from China &
World Bank, but it doesn't reflect amongst Nigerians".
Timi
Frank, known for his accuracy and consistency, warned that the several loans
obtained by the Buhari led regime; identified as very corrupt, have not been properly
utilized, to the benefit of the country and its people.
“@IMFSpokesperson
The purpose of the loans over the years are not been carried out. @MBuhari is
corrupt, they'll share the money amongst themself & give u contrived
stories. The loan will not be used to tackle COVID-19. They will build no
hospitals, or buy any medical equipment. https://t.co/No2xJTeFRp”.
Comrade
Timi Frank, alongside several other concerned stakeholders have therefore
called upon the IMF not to grant the $3.5bn loan to the @MBuhari government as
it will only go the way of the other loans and the country further plunged into
huge debts.
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