How the President came about the decision to write off such a whooping sum of $1.42 billion and #5.57 trillion is hard to understand. Could such action possibly be as a result of a desperate ambition to win the next election? Or a bid to avoid stepping on toes of powerful people who would be exposed in the event of probe? Nigerians ought not to litter all neighbouring countries and foreign lands just because of extremely poor governance at home. What has happened is akin to Nigeria being sold in broad daylight and all Nigerians must rise up to shout: Capital No!

Source: The Guardian January 07, 2026 03:42 UTC