“Nigeria can repay its debt in 90 days if a loan 5 times the debt is taken” – Business mogul, Jimoh Ibrahim

Jimoh Ibrahim gives solution to how Nigeri's debt can be paid off in 90 days |Ikejabird.com

Speaking in an interview, business mogul and renowned lawyer,  Dr Jimoh Ibrahim has suggested a plan to help Nigeria pay off its debt in just 90 days.

In his conversation with Channels on the show ‘Politics Today’, the Senator-elect proposed that the President should approach five EXIM banks and then a collect loan that is five times the debt.

He stated this on Monday on the show as he added that the President should call 5 EXIM banks including China’s, then pay off the loans, and do a repayment program for the surplus.

READ ALSO: How woman set herself ablaze in Ogun state over N70,000 debt

Jimoh Ibrahim
CC: Channels, Dr Jimoh Ibrahim

“Take a loan about five times whatever you are owing currently, do a bridge gap financing, and then pay off what you are owing. Then you will have a surplus, do a repayment programme for 40 years and then have an honorarium period of 10 years and you are out of the debt,” Jimoh Ibrahim asserted.

READ ALSO: Best Governor ever: Lagos raises N134.8bn in bond for infrastructure

“You have to socialize politically to solve Boko Haram” – Jimoh Ibrahim advises President Bola Tinubu

 In other news, Dr. Jimoh Ibrahim has given his opinion about Boko Haram which he claimed to be a political problem.

In an interview with Channels on Tuesday, the renowned lawyer shared that one of the ways to curb the issues was for President Bola Ahmed Tinubu to return Nigerian troops back to their barracks.

“Boko Haram is a political problem. You have to socialize politically to solve Boko Haram. The first thing Mr President has to do is to withdraw soldiers from the front(line) and return them back to the barracks children that left NDA as a lieutenant, they have become major-general and the war is still there. Is the military a challenge to ourselves? No,” he said.

Leave a Reply

Your email address will not be published. Required fields are marked *