Stop rubber-stamping loan requests, ADC tells National Assembly

The African Democratic Congress (ADC) has urged the National Assembly to stop automatically approving loan requests by President Bola Tinubu’s administration, calling for greater scrutiny of government borrowing. The ADC-Presidential Campaign Council warns that the continuous accumulation of public debt without tangible development benefits could lead to unsustainable indebtedness, burdening future generations.

The council further criticized the administration for failing to deliver on promised infrastructure projects, such as the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Superhighway, which remain largely incomplete or have yet to show substantial progress.

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