APC Defends Tinubu's Strategic Borrowing Amid Criticism for Development

The APC in Lagos State defended the borrowing practices under the administration of President Bola Tinubu, stating that it was strategic and not reckless. In response to criticism from Peter Obi, the APC spokesperson, Mr.

Seye Oladejo, emphasized that borrowing was essential for funding critical infrastructure development in Lagos. Oladejo criticized Obi's remarks on reckless borrowing and highlighted the strategic nature of borrowing tied to infrastructure, energy, transportation, and the productive sector.

The statement underscored the importance of prudent borrowing for economic growth and development. The APC advised Obi to focus on areas where he has strength in politics rather than criticizing borrowing practices.