Senator Jimoh Ibrahim, representing Ondo South in the Senate, asserts that the Federal Government must borrow to effectively run Nigeria's economy.
Speaking on Channels Television's Politics Today, he emphasizes the necessity of borrowing to address economic challenges, citing the example of Dubai, which owes $168 billion but has utilized the funds for significant development. Ibrahim argues that borrowing is essential for building critical infrastructure, enabling the government to repay loans in the long run.
Defending the delegation size at COP28, he justifies the 422 persons funded out of 1,411 delegates, stating that it is inadequate for effective knowledge sharing. Ibrahim underscores the importance of a robust delegation for environmental and global recognition reasons.
