Don’t expect a good term from Brazil $1.2 billion loan – Reno Omokri

Former Presidential Aide to Dr. Goodluck Jonathan, Reno Omokri has urged the Nigerian Government to abort it’s plan $1.2 billion loan from Brazil, over what he described as unfavourable loan.

According to Mr. Omokri;

“Brazil is one of the most indebted nations on Earth, with a national debt of $1.45 trillion, which is 80% of their GDP. And this is who Nigeria wants to borrow $1.2 billion from? How can you get good terms? It shows desperation when a beggar begs from another beggar!”

Earlier today, there were reports of protests in Brazil over the planned loan to Nigeria.

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