We Are Borrowing to Build World-class Infrastructure – FG

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government is borrowing to build world-class infrastructure and not for recurrent expenditure.

The Minister disclosed this today in his opening address at the town hall meeting organized by his ministry on destruction of telecommunications and power infrastructure.

The minister was reacting to critics of the government who believe that the borrowed funds were meant for recurrent expenditure.

cc: VANGUARD

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