•Says FG’s excessive borrowing without accountability affirms imprudent governance
By Chinelo Obogo
Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has blasted the administration of President Bola Tinubu, accusing the Federal Government of reckless borrowing, financial mismanagement, and lack of accountability in the deployment of public funds.
Obi, in a post made on his X handle on Tuesday, said the Tinubu administration had driven Nigeria’s total debt to approximately N200 trillion through what he described as “remarkably imprudent borrowing,” warning that the trajectory was unsustainable and deeply damaging to the nation’s economic future.
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Tinubu has plunged Nigeria into N200trn debt –Obi
Source: Sun News Online
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