politics

Nigeria 2025 Debt Crisis: Speaker Issues Shocking Warning to Tinubu Govt., Says – No More Approval Of Reckless Borrowing

Nigeria 2025 debt crisis on the high as speaker House of Representatives, Abbas Tajudeen ring the alarm bell, issue warning to Tinubu government, vow never to approve loans again for this government.

Nigeria’s Speaker of the House of Representatives, Abbas Tajudeen, has sounded the alarm about the country’s troubling debt situation. He urged Nigerians to stand against any further reckless borrowing from the Tinubu-led government, warning that the continuous accumulation of loans could jeopardize the nation’s future.

Nigeria 2025 debt crisis

He emphasized that the debt burden is becoming too much to bear, and everyday citizens are already feeling the strain as the economy continues to decline.

Abbas cautioned: “We cannot keep borrowing without a clear repayment plan. The masses will be the ones to suffer the consequences.”

Nigerians online are now asking: Where exactly is all this borrowed money going, and why does it seem like the people’s suffering is only getting worse?

Nigeria 2025 debt crisis

What are your thoughts? Is Tinubu’s government really leading Nigeria into deeper debt, or is borrowing the only viable option for now?

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Meanwhile; Tinubu Will Soon Collect Loan from Opay if not put in check— senator Dino Melaye has made quite the splash with his fiery remarks, taking aim at President Bola Ahmed Tinubu’s administration for its seemingly endless borrowing spree.

Melaye quipped that at this rate, we might soon see the president turning to fintech platforms like OPay and Moniepoint for loans, a comment that has stirred up both laughter and outrage across the country.  Nigeria 2025 debt crisis

In a statement that has gone viral, Melaye didn’t hold back, suggesting that Nigeria’s borrowing habits are so extreme that it wouldn’t be surprising if the president started seeking loans from digital lenders like OPay and Moniepoint.

“Honestly, with how Tinubu is borrowing, it wouldn’t be shocking at all if he starts taking loans from OPay and Moniepoint soon,” Melaye remarked, igniting a mix of laughter and concern among Nigerians.  Nigeria 2025 debt crisis

The issue of Nigeria’s debt has been heating up lately, with experts warning that the ongoing borrowing could lead the nation to the brink of an economic disaster. Critics claim that Tinubu’s government is exacerbating an already delicate economic situation, while supporters argue that these loans are crucial for stabilizing infrastructure and revitalizing key sectors. Nigeria 2025 debt crisis

Melaye’s pointed criticism underscores the growing worry that the current borrowing trend is unsustainable, with everyday Nigerians feeling the impact through rising inflation, increased taxes, and job losses. Nigeria 2025 debt crisis

The senator’s comments have sparked a variety of reactions online. While some Nigerians found humor in the comparison to loan apps, many others voiced their agreement that this borrowing frenzy is “a ticking time bomb” for the economy. On social media, hashtags like #NigeriaDebt and #TinubuLoans are trending, with citizens calling for greater transparency regarding how these loans are being utilized. Continue reading here

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