Amina Mohammed, United Nations Deputy Secretary-general has said Nigeria’s current debt level is worrisome.
Mohammed, who was a minister in president Muhammadu Buhari’s cabinet said this while speaking at International Monetary, IMF, and UN working together conversation on Tuesday.
The former minister of environment said it took many years and a lot of efforts by former Minister of Finance, Ngozi Okonjo-Iweala to get the country out of debt but sadly, the country is back there.
In her words :
Public resources are always going to be important, and so is ODA and the private sector. But I think we still haven’t yet got quite the solution and I hope that the work that we do together will open up that space to think more on how to leverage that.
“As I was coming up from New York, some of the concerns that came up from the meeting we had in China just recently and reports that we have; the debt issues are really big, I mean, having experienced what it was for Ngozi (Okonjo-Iweala) to get debt relief.
“It took her a few years to convince people, and we are now back again in my country, with a level of debt that is worrying, but its happening all over. Africa, is that the way we want to go?
“I think we really need to sit down and have a better conversation about all the asks of a growing economy; that needs to be inclusive, it needs to succeed, because stability is needed more than ever today, across our countries and where we are working.”
See some reactions
Amina Mohammed just indicted and showed us a confirmation of APC's utter cluelesness in managing the economy. Debts and recession are just bywords according to the APC. Meanwhile zombies keep on telling us how Buhari is the best thing to happen to this nation
— Duru Chibuzor eric (@DuruchibuzorE) September 13, 2018
Thank goodness it was Amina Mohammed that raised the rising debt issue and acknowledged the great work & sacrifice of Ngozi Okonjo-Iweala.
When Oby Ezekwesili made a detailed thread about pros and many cons of these rising debts, we know the usual handles that attacked blindly.
— Juliet 'Kego | #PiusAdesanmiRIP (@julietkego) September 12, 2018
Amina Mohammed, You are first a Nigerian, so if u've seen something gone wrong in Nigeria be sincere enough to speak the truth to power in Nigeria! The current debt trap Nigeria is, is largely due to the unprecedented illiteracy and incompetency of GMB&APC fed led govt 2015-date! https://t.co/EzqsWu6WME
— Idongesit (@Ubonid) September 13, 2018
Just listened to Amina Mohammed on Nigeria's rising debt profile. I was lost in what she was saying cos, she spoke so well and intelligently.
In retrospect, i am pained for Nigeria. That we allow miscreants be decision makers and allow the world have our best brains.
— Son Of Man (@chukygeorge) September 13, 2018
Wait, Is Amina Mohammed not the best Minister Buhari appointed before she left for a job at the UN?
So she just realized Buhari has brought us back to debt again?
— Ladi (@LadiSpeaks) September 13, 2018