Africa Press-Nigeria:
The Nigerian government, on Wednesday, faulted the alarm raised by Atiku Abubakar, a former Peoples Democratic Party, PDP, presidential aspirant, on Nigeria’s debt profile.
Lai Mohammed, Minister of Information and Culture, said the apocalyptic scenarios on Nigeria’s debt profile, as painted by Atiku was nothing but scaremongering anchored on a false premise.
Atiku had on Tuesday claimed that Nigeria was in a financial crisis.
The former Vice President also urged the Federal Government to stop indiscriminate borrowing.
Reacting, Mohammed said though the Federal Government welcomes constructive criticism, such must be based on verifiable facts rather than conjectures and innuendos.
Mohammed’s reaction was contained in a press release signed and forwarded to DAILY POST by his Media Aide, Segun Adeyemi.