Governor Charles Soludo of Anambra State has declared that his administration has not borrowed any money since he assumed office, stressing that prudent resource management can drive development without accumulating debt.
Speaking on Monday at the Delta State Economic and Investment Summit, the former Central Bank of Nigeria (CBN) governor expressed optimism about Nigeria’s economic outlook, noting that the country’s economy has stabilised and is gradually recovering.
“Nigeria has stabilised and is on the rise. I haven’t borrowed a dime since I became governor,” Soludo said.
He maintained that state governments can achieve meaningful development through disciplined financial management rather than excessive borrowing.
Soludo also urged Nigerians to patronise locally made products, warning that dependence on imported goods continues to hinder job creation and industrial growth.
“We cannot create the kind of jobs we want with all of us using foreign or imported goods,” he said, adding that even influential Nigerians still rely heavily on
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