{"id":88634,"date":"2023-05-25T06:56:56","date_gmt":"2023-05-25T05:56:56","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi"},"modified":"2023-05-25T09:24:28","modified_gmt":"2023-05-25T08:24:28","slug":"creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi","title":{"rendered":"Creditor nations should forgive debts, stolen funds stashed in their countries \u2013 Senator Adeyemi"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Senator representing Kogi West Senatorial District, Smart Adeyemi has called on creditor nations to forgive debts owed them as monies stolen from third world countries are stashed in their nations which they have used to develop their countries.<\/p>\n

He said Nigeria and other third world countries should not be allowed to collapse on account of debt overhang, saying that Nigeria\u2019s debt should be forgiven on account of necessity or even with the global economic recession.<\/p>\n

The lawmaker and former governorship aspirant stated this at a press conference in Abuja on Wednesday, saying that the incoming administration of the President-elect, Asiwaju Ahmed Bola Tinubu should champion debt forgiveness.<\/p>\n

He said: \u201cI urge the creditor nations abroad to as a matter of necessity forgive the debts since most of the debts were stolen by leaders who later stashed the monies in their countries and with the global economic recession Nigeria cannot pay the debts any longer.\u201d<\/p>\n

Adeyemi said he is opposed to the country taking further loans as he faulted the recent loan request of $800 million by President Buhari.<\/p>\n

\u201cThere is nothing bad in saying, no to repayment of debts, with the economic recession we cannot pay, you know why we cannot pay, in the last 10 years, Europe should look at the capital flows from Africa to their nation.<\/p>\n

\u201cLet them probe all the monies that came from African nations. A good percentage of these monies were stolen money. So let them take their loans from the money that has been stashed in their nation.<\/p>\n

\u201cDon\u2019t allow the poor to pay for the sin of the rich. For me, African nations should start to ask for debt forgiveness, we can\u2019t pay, we don\u2019t have the means to pay, they should write it off and with your support it will be possible.<\/p>\n

\u201cAfrican nations must team up. Developing nations must team up to tell Asia, Europe and America that we can no longer pay any foreign debts.<\/p>\n

\u201cWe would not allow our people to die, the populace should not die for loans that have been taken, that some are inexplicable.<\/p>\n

\u201cFor me the $800 million they are asking for, personally I don\u2019t think it is going to fly in the National Assembly as we are about to wind down, National Assembly will not support any new loan, I don\u2019t think so. If it happens, I will not support it\u201d, he said.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Senator representing Kogi West Senatorial District, Smart Adeyemi has called on creditor nations to forgive debts owed them as monies stolen from third world countries are stashed in their nations which they have used to develop their countries. He said Nigeria and other third world countries should not be allowed to collapse […]<\/p>\n","protected":false},"author":84,"featured_media":88633,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1570,2140,254,9857],"class_list":["post-88634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-nigeria-2","tag-nigeria","tag-senator-adeyemi"],"yoast_head":"\nCreditor nations should forgive debts, stolen funds stashed in their countries \u2013 Senator Adeyemi - Nigeria<\/title>\n<meta name=\"description\" content=\"Senator representing Kogi West Senatorial District, Smart Adeyemi has called on creditor nations to forgive debts owed t ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Creditor nations should forgive debts, stolen funds stashed in their countries \u2013 Senator Adeyemi\" \/>\n<meta property=\"og:description\" content=\"Senator representing Kogi West Senatorial District, Smart Adeyemi has called on creditor nations to forgive debts owed t ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-25T05:56:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-25T08:24:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/05\/sm_1684986754.502315.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1152\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Creditor nations should forgive debts, stolen funds stashed in their countries \u2013 Senator Adeyemi\",\"datePublished\":\"2023-05-25T05:56:56+00:00\",\"dateModified\":\"2023-05-25T08:24:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi\"},\"wordCount\":428,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/05\/sm_1684986754.502315.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Nigeria\",\"Senator Adeyemi\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/creditor-nations-should-forgive-debts-stolen-funds-stashed-in-their-countries-senator-adeyemi\",\"name\":\"Creditor nations should forgive debts, stolen funds stashed in their countries \u2013 Senator Adeyemi - 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