ADC Accuses National Assembly of Endorsing Tinubu's Borrowing Spree - Details Revealed

The African Democratic Congress (ADC) accused the National Assembly of endorsing President Bola Tinubu's borrowing spree, which they claim is mortgaging Nigeria's future. The ADC criticized Speaker Tajudeen Abbas for retracting an earlier remark on Nigeria's debt profile, alleging political cowardice and complicity.

The party highlighted Tinubu's administration's continued accumulation of debt despite assurances that borrowing would cease. The ADC emphasized the need for checks and balances in government borrowing practices to prevent excessive debt accumulation.

The statement underscores concerns about the impact of unchecked borrowing on Nigeria's economic stability and future prospects.