Servicing debt with 90% revenue path to destruction — Tinubu


President Bola Tinubu has said the country could not continue to service its debt with 90 percent of its revenue.

He noted that the country was headed for destruction should that continue.

Tinubu spoke during the Annual Conference of the Nigerian Bar Association on Sunday in Abuja.

He said his administration must make difficult changes to better the lots of the country.

Tinubu said, “Can we continue to service external debts with 90% of our revenue? It is a path to destruction. It is not sustainable. We must make the very difficult changes that are necessary for our country to get up from slumber and be respected among the great nations of the world.

“To build a great nation, we must make bold decisions; even though it may be painful at the moment, it is not about you and me. It is about our generation yet unborn.”

Tinubu, who said there is hope for a great Nigeria, called for the cooperation and support of the privat

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