President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga has made a shocking revelation about his principal.
He said: “The national budget Tinubu met in 2023 showed that 97 per cent of revenue was to be spent on debt servicing, with little reserved for capital, thereby foreclosing growth and jobs.”
“Confronted with this grim economic reality, President Tinubu faced a difficult choice of balancing reforms’ political and economic costs against the risks of economic recession.”
“His government chose the former to keep the economy afloat and set it back on the path of growth and prosperity.”