Speaker Abbas Raises Alarm on Africa's Debt Crisis at WAAPAC Conference

Speaker Abbas highlighted Africa's debt crisis at the 11th Annual Conference of the West Africa Association of Public Accounts Committees in Abuja. He emphasized the critical point reached by Nigeria and other African countries in terms of debt, stressing the need for stronger oversight and transparent borrowing practices.

Abbas called for collective action to ensure that borrowed funds lead to tangible economic and social returns. He expressed concerns over the impact of debt on essential services like healthcare across the continent, urging for more responsible financial management to safeguard Africa's financial future.