HomeElectionNotable Quotes On Senate's Approval Of Loan For Renewed Economic Drive.

Notable Quotes On Senate’s Approval Of Loan For Renewed Economic Drive.

Headlinenews.news Commentaries.

“No Growth Without Sacrifice: Tinubu’s Borrowing Plan Gets Senate Nod for 2025 Agenda”

Excerpt:

With Senate approval of his $21.5 billion borrowing proposal and ₦757 billion pension bond issuance, President Tinubu now holds the full financial toolkit to activate his infrastructure-heavy Renewed Hope Agenda.

Quote:

We cannot build a great nation on broken roads, empty silos, and unpaid debts. We must borrow responsibly today to build the prosperity of tomorrow.”

President Bola Ahmed Tinubu, during 2025 Budget Presentation to the National Assembly

Comment:

This is more than a fiscal move—it’s a leadership statement. The challenge now is translating borrowed billions into visible, measurable impact for Nigerians.

Commentaries from Global & African Leaders of thought on the Senate’s approval of President Tinubu’s $21.5 billion borrowing plan and ₦757 billion pension bond issuance and the implications.

Senate Greenlights $21.5 Billion Loan Plan: Tinubu’s Economic Engine Gets Full Throttle”

Excerpt:

The Senate has approved President Tinubu’s multibillion-dollar borrowing strategy to fund infrastructure, pensions, and national development across sectors.

Quote:

“If the money builds roads, rail, and jobs, it’s not a debt burden—it’s a generational investment.”

— Dr. G. Fraser, MFR, Fraser Consulting Consortium.

Comment:

This move signals the APC’s intention to tie borrowing directly to visible national transformation—not theoretical growth.

Borrowing with a Blueprint: Nigeria’s $21.5bn Development Push Approved by Senate”

Excerpt:

Senate leaders say the borrowing was already embedded in the 2025 Appropriation Act, with funds earmarked for capital and human development.

Quote:

A loan without direction is a trap. A loan with a plan is leverage.”

Ngozi Okonjo-Iweala, DG, World Trade Organization.

Comment:

Nigeria must ensure every dollar borrowed is traceable to a completed bridge, functioning hospital, or revitalized industry.

“Pensions and Projects: Senate Approves ₦757bn Bond to Clear Arrears, Fund Infrastructure”

Excerpt:

The Senate’s move to honor pension obligations restores faith in the Contributory Pension Scheme and sends a message of justice to retirees.

Quote:

The dignity of a nation is in how it treats those who built it.”

Ellen Johnson Sirleaf, Former President of Liberia.

Comment:

This is one of the most people-centered provisions in recent economic policy—if implemented transparently.

Tinubu’s Borrowing Plan Backed by Senate: Debt for Development or Danger?”

Excerpt:

Lawmakers from both parties debated risks and returns, but ultimately approved the full borrowing plan across foreign and domestic markets.

Quote:

Public debt must serve public good—nothing else justifies its weight.”

Thabo Mbeki, Former President of South Africa.

Comment:

This approval must now be matched by real outcomes. The days of borrowing for untraceable projects must end.

Eastern Rail Reboot: $3 Billion Allocation Sparks Cross-Party Support in Senate”

Excerpt:

For the first time, lawmakers from the South East region unanimously backed a federal loan plan—thanks to direct funding for the long-neglected eastern rail corridor.

Quote:

When every region sees itself in the national budget, unity becomes real.”

President Bola Ahmed Tinubu, Policy Retreat, 2024.

Comment:

This is a strategic inclusion that could reduce historic political grievances—if the projects materialize.

Debt, Hope, and Delivery: Senate Approves Tinubu’s Renewed Economic Drive”

Excerpt:

With Senate backing, the Tinubu administration now has all financial tools required to fully execute its 2025 agenda. The real challenge? Delivery.

Quote:

“In every economy, borrowing is not the issue. What matters is the return on borrowed capital.”

Dr. Akinwumi Adesina, President, African Development Bank

Comment:

This is a turning point: If the funds translate to progress, Tinubu’s administration will define itself. If not, the burden will be historical.

Headline news

 

- Advertisement -spot_img
Must Read
Related News
- Advertisement -spot_img