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Bishop Warns Tinubu Against $2.2B World Bank Loan, Urges Use of EFCC-Recovered Funds

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Bishop Warns Tinubu Against $2.2B World Bank Loan, Urges Use of EFCC-Recovered Funds

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Combo photo of President Bola Ahmed Tinubu and IMF building

By Tgnews

In a powerful address marking the 59th World Communication Day, the Catholic Bishop of Yola Diocese, Most Rev. Stephen Dami Mamza, called on President Bola Ahmed Tinubu to shun a proposed $2.2 billion World Bank loan and instead utilize funds recovered by the Economic and Financial Crimes Commission (EFCC) to address Nigeria’s pressing economic challenges.

Speaking at his residence in Yola, Bishop Mamza warned that additional borrowing would deepen the nation’s economic woes, describing it as “a huge burden for a country already under intense economic downturn.”

Delivering a message on behalf of the newly ordained Pope Leo XIV, Bishop Mamza addressed journalists, media practitioners, and members of the Nigerian Union of Journalists (NUJ) on the theme, “Share with gentleness, the hope that is in your hearts.”

A huge burden for a country already under intense economic downturn

He urged media professionals to adopt a communication strategy that inspires hope and fosters peace, even in desperate times. “The world needs communication that radiates beauty and hope to build humanity,” he emphasized.

Mamza stressed the importance of professionalism in journalism and called for stricter regulation of social media practitioners to protect the integrity of the profession from unqualified individuals.

The world needs communication that radiates beauty and hope to build humanity

He also congratulated Pope Leo XIV, urging him to advocate for the protection of journalists against attacks and killings, enabling them to work efficiently in service of the common man.

The bishop’s remarks underscored the critical role of ethical journalism in shaping a positive narrative for society.

He cautioned media practitioners to avoid unethical behavior that could endanger their lives, reinforcing the need for responsible and professional conduct.

 

The event, attended by heads of media organizations and communication experts, highlighted the Global Catholic Mission’s call for journalists to be “communicators of hope” in a world grappling with challenges.

Shun a proposed $2.2 billion World Bank loan and instead utilize funds recovered by the Economic and Financial Crimes Commission (EFCC) to address Nigeria’s pressing economic challenges

Bishop Mamza’s message resonated as both a spiritual and practical directive, urging Nigeria’s leadership and media to prioritize solutions that uplift the nation without adding to its financial burdens.

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