Account for Nigeria’s N166.79trn debt before asking World Bank for $1.5bn loan – Atiku to Tinubu
The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, on Monday, charged President Bola Tinubu to account for N166.79 trillion debt before borrowing $1.5 billion from the World Bank. Atiku accused Tinubu of running a government that demands endless sacrifices from Nigerians while reaching endlessly for fresh loans. In a statement issued by the Director of […] Account for…
Presidential candidate Atiku Abubakar of the African Democratic Congress, ADC, has urged President Bola Tinubu to explain Nigeria's staggering N166.79 trillion debt before requesting a $1.5 billion loan from the World Bank. In a statement, Atiku criticized Tinubu's government for imposing an endless burden on Nigerians while continually seeking new loans.
With public debt at N166.79 trillion, Atiku stated that Tinubu must first account for the money already borrowed, as families struggle to afford basic necessities like food, fuel, and electricity. Atiku highlighted the 87% increase in public debt over the past three years and questioned where the promised development has materialized.
He expressed doubt that Tinubu can continue accumulating debt with no clear plan for results and challenged the government to publish project details, beneficiaries, and timelines before securing another loan.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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