Fresh $21.7bn loan: Obi, Makinde, NDC demand accountability from Tinubu

From Fred Itua, Ndubuisi Orji, Abuja, and Jude Chinedu, Enugu
President Bola Tinubu has come under renewed criticism over his administration’s borrowing policy, with former Anambra State governor and presidential candidate of the Nigerian Democratic Congress (NDC), Peter Obi, Oyo State Governor and Allied Peoples Movement (APM) presidential candidate, Seyi Makinde, and the NDC demanding explanations for the country’s mounting debt obligations and the utilisation of funds borrowed since May 2023.
The fresh criticisms followed Tinubu’s request for National Assembly approval to borrow an additional $20.52 billion and €1.045 billion, amid concerns over Nigeria’s N166.79 trillion publ...