{"id":110516,"date":"2024-02-11T22:52:58","date_gmt":"2024-02-11T21:52:58","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=110516"},"modified":"2024-02-11T22:52:58","modified_gmt":"2024-02-11T21:52:58","slug":"seek-debt-relief-from-international-creditors-afe-babalola-tells-tinubu","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/seek-debt-relief-from-international-creditors-afe-babalola-tells-tinubu\/","title":{"rendered":"Seek debt relief from international creditors \u2014 Afe Babalola tells Tinubu"},"content":{"rendered":"<div id=\"m#msg-f:1790624573107719762\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\" style=\"text-align: justify;\">The founder of Afe Babalola University, Ado-Ekiti (ABUAD), Aare Afe Babalola has urged President Bola Tinubu to seek debt relief from international creditors.<\/div>\n<div class=\"mail-message-content collapsible zoom-normal mail-show-images \" style=\"text-align: justify;\">\n<div class=\"clear\">\n<div dir=\"auto\">\nBabalola made this call during the 6th Induction Ceremony of 2023 graduating set of College of Medical and Health Sciences, ABUAD, by the Medical and Dental Council of Nigeria (MDCN) in Ado-Ekiti on Sunday.<\/p>\n<p>He said, \u201cNigeria is one of the heaviest debtors in the world, I have written articles about it, let us investigate how we came to several trillions of dollars, what do we spend it on? I can assure you, these money are pocketed by those who said they collected it.<\/p>\n<p>\u201cLet us call on Obasanjo again to advise the present government. When we were in serious trouble in the 90s, after he took over, he went round all the creditors and begged them, one, to peg the interest, two, to even reduce the indebtedness and today, we are better for it.<\/p>\n<p>\u201cUnless we do that, this indebtedness will cripple this country and it will lead to anything. I have seen people especially, in the North who are agitating because of the fact that the naira is getting worse, food prices are high, no employment, and those who get it are not paid. Something has to be done about it.\u201d<\/p>\n<p>Babalola, however, condemned the recent killings of two traditional rulers in Ekiti state and hike in food prices, attributing the phenomena to the \u2018worthless\u2019 value of naira currency which has propelled an average Nigerian to succumb to heinous acts and other criminalities in order to make ends meet.<\/p>\n<p>He urged the federal government to intensify efforts at tackling insecurity so that farmers can access their farms without fear and enable all Nigerians to be producers of crops by investing in Agriculture.<\/p>\n<p>The Legal Icon also called on the federal government to increase the salaries of teachers across all the levels of education to bolster their teaching delivery towards achieving and sustaining quality education in the country, as it has been in the 20th century.<\/p>\n<p>His words, \u201cMonarchs are killed, it is an unusual development, so, what is behind all these is the fact that we have no money, our money has no value, our currency is as worthless as toilet paper, something has to be done about naira and productivity.<\/p>\n<p>\u201cFarmers have left their farms now because of kidnappers, something has to be done about kidnapping and farmers have to be encouraged to go back to their farms.\u201d<\/p><\/div>\n<\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The founder of Afe Babalola University, Ado-Ekiti (ABUAD), Aare Afe Babalola has urged President Bola Tinubu to seek debt relief from international creditors. Babalola made this call during the 6th&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":110517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-110516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Seek debt relief from international creditors \u2014 Afe Babalola tells Tinubu - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/seek-debt-relief-from-international-creditors-afe-babalola-tells-tinubu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seek debt relief from international creditors \u2014 Afe Babalola tells Tinubu - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"The founder of Afe Babalola University, Ado-Ekiti (ABUAD), Aare Afe Babalola has urged President Bola Tinubu to seek debt relief from international creditors. 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