NANS frowns at federal government plan to borrow $750m from world bank

The National association of Nigerian student has faulted plans by the federal government to borrow $750m from world bank .

The minister of Finance ,Budget and National planning ,Zainab Ahmed,had annonced on friday that the federal government is in the process of accessing a $750m world bank loan for states.

But NANS frowned at the plan on the basis that the country has enough wealth to finance the developemental objectives as a country.

They added that the borrowing and loans have become another conduct pipe for looting public resources.

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