Dino Melaye Warns of Tinubu's Borrowing Spree, ADC Raises Alarm on Nigeria's Rising Debt Crisis

Former Nigerian Senator Dino Melaye criticized President Bola Tinubu's administration, suggesting it may resort to borrowing from financial services like Opay and Moniepoint. The African Democratic Congress (ADC) raised concerns about Tinubu's borrowing spree, projecting Nigeria's public debt to exceed a trillion by 2025.

Mallam Bolaji Abdullahi accused Tinubu of surpassing his predecessor in debt accumulation, risking the country's future. Melaye, in an ARISE Television interview, accused Tinubu of plunging Nigerians into hunger despite securing billion-dollar loans, labeling his administration as the most reckless in Nigeria's history.

The borrowing practices of Tinubu's administration have sparked intense scrutiny and criticism for potentially jeopardizing the nation's economic stability.