Business

Nigerian economy will collapse if we don’t borrow, says Orji Kalu

Senator representing Abia north, Orji Kalu, has said the Nigerian economy is at risk of collapse if the nation does not continue to borrow.

Speaking on Monday during an interview on Politics Today, a Channels Television programme, the former governor of Abia state said, “Let me tell you, if this economy does not borrow, it collapse. That’s the truth. That’s where we are,” he said.

Kalu said he is not a member of the committee that scrutinises loan requests but insisted that such borrowing is necessary for economic survival.

“Of course, the committee of foreign and local debts used to scrutinise them. I am not a member of that committee. You know these jobs are done mainly at the committee level,” he said.

Kalu generated public reactions last week when he showed up at the senate wearing a customised outfit emblazoned with the inscription “Tinubu for President 2027”.

Reacting to criticisms about the attire, the former senate chief whip said there was nothing unusual about it.

“Who else would have made that dress other than Aba tailors? It was made in Aba, dyed in Aba and delivered in Aba,” Kalu said.

“It is only Aba people who are hardworking that can do it. It’s very fashionable and I will wear it again.”

He also rebuffed nsinuations that the outfit was for sycophancy.

“Can a man like me be sycophantic? I am not running for anything. Where am I running to? I’m only running to return to the senate,” he said.

“It’s not political sycophancy. I am a man that can’t be sycophantic. It is a uniform for 2027.

“Sure, my house manager just made it available that morning, and I wore it. I don’t see anything wrong in wearing it.

“It’s you press (media) people that saw something wrong. INEC has lifted the ban on the campaign, but we are preparing.”

On it he is the unofficial campaign manager for Tinubu, Kalu said he would gladly accept the role.

“What is wrong with that? I will be very happy to accept it and do the job for him. I don’t have anything to regret in doing the job,” he said.

 

Related Articles

Leave a Reply

Your email address will not be published.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

Back to top button