Dr Thomas Arabi, lecturere, Federal University of Technology, Minna, has advised state governors to channel the Paris Club loans refund to the development of education, agriculture and health care delivery.
Arabi, Head, Educational Services, gave the advice in an interview with the News Agency of Nigeria (NAN) on Wednesday in Minna.
NAN reports that President Muhammadu Buhari directed the release of the money to the governors.
Buhari told the governors to use part of the money to pay the arrears of workers’ salaries and benefits of retirees.
The don said that it was only through the diversification of such funds to the sectors that Nigerians would feel the impact of the loans.
Arabi said that provision of basic drugs and improved atmosphere for learning would enable the public to feel the impact of the political change mantra of the present administration.
According to him, part of the funds should be used to procure assorted farming inputs for sale to farmers at subsidised rates.
He said the provision of farming implements would encourage more Nigerians to venture into farming.
“Nigerians should thank God almighty for making the Paris Club loans refund available at this crucial stage of the economic recession.
“Our governors should judiciously invest the refunds in the areas of agriculture, education and prompt payment of salaries,’’ Arabi said.
He said that proper investment of the funds would also attract foreign investors and create jobs for the teeming unemployed youth. (NAN)