CCN: Forget $30bn Foreign Loan For Now

The Christian Council of Nigeria, CCN, has called on the President Muhammadu Buhari’s administration to shelve its plan on securing the controversial $30 billion foreign loan.

It insisted that the government should not......
be in a hurry, given that it can ruin Nigeria in the future.

Addressing journalists at the just-concluded 29th General Assembly of CCN, in Abuja, the newly-elected President, Dr Benebo Fubara-Manuel expressed great concern over the likely consequences of the matter.

 Fubara-Manuel said: “Government should not be too much in a hurry to secure $30 billion infrastructure loan, but take time and ensure we do not have a structural adjustment coming back to ruin us further and increase poverty. 

“This kind of venture has helped some countries before and it has also destroyed some countries. We need a secured country, a country that is free from corruption because there can be no economic progress, if the issues of security and corruption are not properly addressed. 

”Nigeria needs a secured country, and a country that is free from corruption can’t even have the thriving of the Churches, I will like to ask that government pay particular attention to economic policies that would put food on the table of the poor masses. “We recognize that we are in a period of economic crisis, but there is no need to pass blame on the administrations before or even to blame this present one for not doing well.”

 “Let us encourage them at this stage. The teething stage of any administration is always very complicated. Let’s assume that this administration is still, in its teething stage, but I know that the people are hungry and suffering, there is mass unemployment. 

“Many families have no food to eat, husbands and wives have no jobs, there must be something we can do in the interim to ensure that the situation is abated.” Fubara-Manuel stated that his tenure would witness “reawakening and a new sense of evangelism and evangelization. The government of our country needs to hear the voice of the Church loud and clear.