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$800m Loan: Dev’t Expert Urges Investment In Mass Transit, Agribusiness

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With the latest loan receipt from World Bank to the tune of 800 million dollars by the federal government which is to be disbursed to 50 million vulnerable

Nigerians as fuel subsidy removal palliative, an Abuja based lawyer and development expert, Mr Chyma Anthony has advised President Muhammadu Buhari to consider investment in profit making ventures like urban mass transit scheme, agribusiness and others instead of disbursing same to poor Nigerians.

“I don’t think it will be nice again to spend a whopping sum of 800 million dollar loan obtained from World Bank on 50 million vulnerable Nigerians as palliative for fuel subsidy removal.

 

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