Debts: Tinubu running a Ponzi economy, says ADC

From Ndubuisi Orji, Abuja
The African Democratic Congress (ADC) has said it is alarming that the Federal Government is making moves to obtain a fresh loan of $1.25 billion from the World Bank.
The ADC, in a statement by its National Publicity Secretary, Bolaji Abdullahi, said the government seeking a fresh loan when the country has a high debt   profile of about N159.28 trillion, indicates that the President Bola Tinubu administration is running a ponzi economy.
It accused the   government of   taking new loans to service old debts while Nigerians are burdened by rising food prices, unemployment, insecurity, business closures and worsening inflation.
The opposition party exp...