Archbishop of Lagos questions debt relief

CATHOLIC Archbishop of Lagos, Anthony Cardinal Olubunmi Okogie has described the debt relief granted Nigeria by the Paris Club of creditors as unnecessary, adding that proceeds arising from the relief will enrich those at the helm of affairs in the country.

He took this position in an interview with Daily Champion weekend during his Canonical visit to Saints Peter and Paul Catholic Church, Isolo, Lagos, just as he warned Nigerian leaders to curtail their greed "otherwise, they will be heading towards destruction."

Reacting to the $18 billion or 60 per cent debt relief granted Nigeria by the Paris Club, Cardinal Okogie said "the government is not sincere with the populace because the clauses embedded in the debt relief were not disclosed.