Lawyer to the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, Ifeanyi Ejiofor, has said the sovereignty of Nigeria is under threat.
Ifeanyi Ejiofor said Nigeria and Nigerians may be tied to foreign judgement if the federal government does not quit excess borrowing of foreign loans.
IPOB lawyer said this on Friday while reacting to a French court judgement that led to the seizure of three of Nigeria’s presidential jets in France.
He stated that Nigerians have failed to pay attention to the government’s excessive borrowing.
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He added that unless the government prioritizes accountability and reduces the cost of governance, the country may run into problems associated with foreign loans.
Ejiofor said, “We are no longer under any form of illusion that Nigeria’s sovereignty is under serious threat, amid mountain debt concerns. Unfortunately, Nigerians are not paying commensurate attention to this impending disaster.
“On August 15, 2024, three presidential aircraft undergoing maintenance in Paris were temporarily seized in strict compliance with a court order. What an international disgrace!
“The unfortunate reality is that with the Nigerian Government’s growing habit of excessive and reckless borrowing, it is increasingly likely that we may one day wake up to find Nigeria’s assets and the entire Nigerians tied to foreign judgments. It is only a matter of time!”
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