No justification for fresh borrowing amid revenue gains — Umeh

…Says past loans failed to ease hardship
…2026 capital budget yet to be implemented
…Rising fuel prices show loans haven’t eased hardship
…No work on Eastern Rail Line despite $3bn loan approval

By Juliet Umeh Senator Victor Umeh has questioned the Federal Government’s request for fresh loans, saying there is no justification for further borrowing when the government says it has surpassed its revenue targets. Umeh, who represents Anambra Central, spoke on Channels Television’s programme, where he reacted to the President’s request for approval of additional external borrowing. He said the government should account for previous loans and show their impact on Nigerians’ lives. “Fr...