ADC Criticizes Tinubu Over Fresh Loan Approval

The African Democratic Congress (ADC) has condemned President Bola Ahmed Tinubu and the federal government for approving a fresh loan of 1.15 trillion naira, citing inconsistencies and reckless fiscal policies. Despite Tinubu's assertions that Nigeria has met its non-oil revenue targets, the country's total public debt has risen to 193 trillion naira.

The ADC accuses the government of failing to deliver relief from inflation and rising living costs. The statement highlights the ongoing debt crisis in Nigeria.