The Presidency on Monday said Nigeria will be made a laughing stock by leaders of the neighbouring countries if they should visit the country and discover that power supply was not sustainable.
Garba Shehu, the Senior Special Assistant on Media and Publicity to Nigeria’s President, Muhammadu Buhari, said this during an interview on AIT’s programme, Kakaaki, on Monday.
Shehu also explained that the interest to be paid for the loans from China was the cheapest in every part of the world and that the loans were for the provision of infrastructure.
The Presidential aide noted that it was said that the country some years back spent $26 billion in power and yet there was darkness everywhere.
Justifying the borrowing from China by the Buhari’s administration, Shehu said, “We are borrowing for long-delayed infrastructure. This country needed to have resolved a number of infrastructural problems much earlier than now.
“Some of our neighbors will laugh at Nigeria when they come and they find that electricity is not sustainable for a long period of time.
“This is a country we voted $16 billion to supply electricity. That money disappeared into the thin air, no power, nothing to show,” he added.