FG can borrow till eternity, loans are the source of our infrastructure — Abdullahi Adamu

National Chairman of the All Progressives Congress (APC), Abdullahi Adamu, has justified the Buhari-led administration recurrent need to borrow.

He noted that the federal government “can borrow from here to eternity”. He disclosed this on a program on Trust Television on Monday.

Adamu said countries like the US and the UK borrow funds from international financial institutions to meet their needs. President Muhammadu Buhari has been criticised for his administration’s borrowing to execute projects across the country.

“I remember a programme we had here, I told you and I thought you believed me that I have no quarrel, issues with government borrowing. Government can borrow from here to eternity. The American government borrows, the Canadian government borrows, the United Kingdom borrows, France borrows money from the World Bank and such other institutions.