ADC Slams Speaker Abbas for Debt Profile U-Turn

The African Democratic Congress (ADC) criticized Speaker of the House of Representatives, Tajudeen Abbas, for retracting his earlier remarks on Nigeria's rising debt profile. The ADC accused the National Assembly of complicity in the country's growing debt crisis.

Abbas initially raised concerns about the debt-to-GDP ratio exceeding statutory limits but later withdrew his statement. The ADC condemned this as political cowardice and legislative complicity, emphasizing the need for honesty and accountability in addressing the country's financial challenges.

The incident underscores ongoing debates about Nigeria's debt management and the role of political leaders in ensuring fiscal responsibility.