ADC Talk Say Fresh N1.15tr Loan Show Tinubu Addiction To Reckless Debt

Di African Democratic Congress (ADC) don yarn say di Federal Government fresh loan request of N1.15 trillion dey expose President Bola Tinubu debt wahala, policy contradictions, and recklessness. Dis one come as Senate Public Accounts Committee, wey Ahmed Wadada dey lead, don start serious review of stamp duty collections across Nigeria, show say legislature wan make sure say public revenue dey properly generate, accounted for, and dey used well for citizens welfare. Tinubu government don approve di N1.15 trillion domestic borrowing even tho dem don talk before say Nigeria no go need borrow again. ADC National Publicity Secretary, Bolaji Abdullahi, condemn di policy and yarn say di government dey deepen Nigeria debt crisis. Di party add say if all Tinubu 2025 loan requests dey approved, public debt fit reach N193 trillion, and di government dey “borrow against dia own word” while ordinary Nigerians still dey suffer inflation and high living cost.

Di committee dey also dey investigate stamp duty properly, don write all commercial banks make dem give full record from 2016 to 2024, plus CBN remittance data to check transfer to Treasury Single Account (TSA). Dem dey reach out to oil and gas companies, FIRS, and NGF too, to reconcile all data and make sure revenue dey transparent and maximally used. Meanwhile, Ekiti State University Chancellor and Tunji Olowolafe Foundation chairman, Dr Tunji Olowolafe, talk say government, industry and academia need work together to make Nigeria enter trillion-dollar digital economy by 2030. For Digital Nigeria International Conference 2025, Olowolafe talk say digital transformation na pathway to prosperity, not just goal, and urge public and private sectors make dem close execution gap, turn strategic plans into real results, especially as ICT sector don contribute over 11% to GDP in Q2 2025