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Tinubu Is Found Of Toiling With The National Purse– ADC Fires After Latest Loan Request

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Tinubu Aims for Tech Creators, Not Consumers – Minister

The African Democratic Congress (ADC) has condemned the Federal Government’s fresh approval of ₦1.15 trillion in domestic borrowing, accusing President Bola Ahmed Tinubu of policy inconsistency and fiscal recklessness.

In a statement to Naija News on Thursday signed by the party’s National Publicity Secretary, Bolaji Abdullahi, the ADC noted that despite Tinubu’s public claim that Nigeria had met its non-oil revenue targets, reportedly N20.59 trillion by August 2025, the administration continues to deepen the country’s debt crisis.

Citing a report that Nigeria’s total public debt could rise to N193 trillion if all of Tinubu’s 2025 loan requests are approved, the party said the government was “borrowing against its own words” and failing to deliver meaningful relief to Nigerians still burdened by inflation and rising living costs.

The full statement read: “The latest approval by the National Assembly of N1.15 trillion in fresh domestic borrowing by the APC-led Federal Government exposes the contradictions and dangerous fiscal trajectory of President Bola Ahmed Tinubu’s administration.

Only a few months ago, the President himself declared that Nigeria had met and surpassed its non-oil revenue targets, generating N20.59 trillion in just the first eight months of 2025, a figure his media handlers and cabinet officials paraded as proof of sound economic management. Not long before that, the administration also promised Nigerians that domestic borrowing would be phased out, and that revenue growth would reduce the need to mortgage the nation’s future.

“Yet here we are again, watching this government take a contradictory and irresponsible detour from its own stated policy direction.

As recently reported, if all of President Tinubu’s loan requests for 2025 are approved and disbursed, Nigeria’s total public debt could increase by N40.61 trillion, bringing the national debt stock to a staggering N193 trillion. This projection, based on verified figures from the Debt Management Office, reveals that as of June 30, 2025, Nigeria’s debt already stood at N152.4 trillion, with N80.55 trillion in domestic debt and N71.85 trillion in external liabilities.

Let it be clearly stated: this is reckless debt accumulation wrapped in propaganda.

“A government that claims to have hit record-breaking revenue should not be borrowing. A government that promised an end to domestic loans should not be submitting back-to-back loan requests totaling trillions of naira. The APC-led government is suffering from a worsening case of economic policy schizophrenia, where the left hand borrows blindly while the right hand issues press statements about “fiscal prudence.”

To add insult to injury, these loans are being pushed through by the APC-dominated National Assembly while everyday Nigerians are suffering from the rising cost of living. The Tinubu administration claims that headline inflation has dropped to 18.02 percent, and food inflation to 16.87 percent as of September 2025. Yet, in the open markets across the country, everything has become more expensive since Tinubu came into office. Make no mistake, Nigerians are not experiencing statistical relief — they are experiencing economic suffocation.

President Tinubu must come clean to the Nigerian people. You cannot claim that your house is in order while taking new loans to stop the roof from collapsing. You cannot say revenue has improved and still insist on borrowing more than any administration in Nigeria’s history.

“As a responsible party, the African Democratic Congress (ADC) therefore calls on civil society organisations, the international financial community, and the Nigerian people to demand the following from President Tinubu:

“First, an immediate freeze on non-critical new loan approvals. Second, a full publication of all revenue inflows and debt disbursements for 2025.
Third, an independent verification of non-oil revenue claims. Fourth, a legally binding debt ceiling to prevent this abuse of the national purse.

Nigerians are watching as our collective future is being mortgaged. And the President must be reminded: we cannot borrow our way out of a crisis that is fuelled by economic incompetence.”

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BREAKING: Tinubu Makes U-Turn, Cancels Ambassadorial Posting of Top Former Governor

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President Bola Tinubu has reportedly removed the name of Usman Isa Dakingari Suleiman, the former governor of Kebbi state, as the ambassador-designate to Turkey.

In an earlier statement by Bayo Onanuga, the special adviser to the president on information and strategy, the former governor’s appointment came ahead of the president’s visit to the country, which was scheduled for next week.

However, The Punch reported that a few hours later, the presidential aide issued another statement, saying there was a mix-up in the name and that the postings were still under review.

In the updated list, the former governor’s name was removed, and only three names were listed as ambassadors-designate. These included Ambassador Ayodele Oke as the designated ambassador to France, and Colonel Lateef Are as the designated ambassador to the United States of America.

The updated list also included the posting of Ambassador Amin Dalhatu, who previously served as the ambassador to South Korea, as the high commissioner-designate to the United Kingdom.

Nigerians react as Tinubu adjusts ambassadorial list
The development has been met with mixed reactions from Nigerians. Below are some of their reactions:

Hon. Nuhu Sada alleged that the move was based on political calculation: “When political calculations outweigh merit, even former governors can be shown the door. Who truly benefits from these last-minute reversals?”

Nuraddeen Samaila claimed that the former governor was not on the list screened by the Senate: “I wanted to ask Imran questions about the inclusion of Dakin Gari, knowing he is not on the list screened by Nass.”

Masterpiece expressed his expectations from the ambassadors-designate: “Very interesting update and very, very big congratulations to them all on their well-deserved ambassadorial appointment. We just hope and charged them to truly represent the values and integrity of our country, Nigeria, in truth and honesty, defend our national image and preserve our heritage as a country.”

Ayo Ajibowu congratulated the appointee: “Congratulations to them. Diplomacy isn’t just about the title but being able to defend the honour and value of the country you are representing. I hope they will do a better job than their predecessors.”

Olabomi Ayodeji reacted to the earlier statement: “While Ambassador Amin Dalhatu’s posting to the U.K. and Usman Isa Dakingari Suleiman to Turkey reflect Nigeria’s intent to reinforce relationships with both European and regional partners. These appointments will likely play a crucial role in advancing Nigeria’s foreign policy.”

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BREAKING: Rivers Lawmakers in Fresh Trouble: Account For ₦350m or Face Action, 7-Day Deadline Given

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The Niger Delta Progressive Youths Leadership Foundation (NDPYLF), Rivers State Chapter, has challenged members of the Rivers State House of Assembly to account of ₦350 million released to each member of the house in 2025 for constituency projects..

The group said the Martin Amaewhule-led Assembly must explain how it utilized ₦9.1bn they accumulative received.

NDPYLF demanded that the lawmakers provide a detailed breakdown of projects executed or underway tied to the said funds and indicate the locations and current status of such projects.

The group made the disclosure in a statement signed by its Rivers State Chairman, Isaiah Johnson Obiechere on Wednesday, insisting that the information be made accessible to constituents and the general public, stressing that Rivers residents deserve clarity on how public funds allocated in their name were spent.

The advocacy group warned that failure to comply with the ultimatum would compel it to pursue lawful actions, including public protests, petitions to relevant anti-corruption agencies, and sustained advocacy to ensure accountability.

The statement reads in part, “NDPYLF is deeply concerned that despite the huge allocation meant to directly improve the lives of constituents across Rivers State, there is little to no visible evidence of projects executed in most constituencies.

“This situation raises serious questions about transparency, accountability, and respect for the people who entrusted these lawmakers with representation.

“We therefore demand that within seven days, the affected lawmakers should clearly outline the amount received by each constituency, provide a breakdown of projects executed or ongoing, state the locations and current status of such projects, make this information available to their constituents and the general public.

“Failure to do so within the stipulated period will leave NDPYLF with no other option than to take lawful actions, including public protests, petitions to relevant anti-corruption agencies, and sustained advocacy to ensure that Rivers people get justice

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JUST IN: PDP Senatorial Candidate Is Dead

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The Lagos State Peoples Democratic Party (PDP) has lost its former Lagos East senatorial candidate, Alhaja Saidat Odofin-Fafowora.

She was also the PDP candidate for Ikorodu Central local government in the July 12, 2025 council election.

According to top hierarchy of the party, Alhaja Odofin passed on Monday 19th of January at the age of 55 years.

Announcing the death, the Lagos State PDP Executive Chairman elect, Barrister Amos Fawole, said the party lost a rare gem, disclosing that the incident marks a dark period in the annals of the party in Lagos.

The late Hon. Odofin-Fafowora was a staunch PDP member in the Ikorodu local government area representing the local area twice as the Senatorial candidate.

She was a dependable stalwart and philanthropist in the Ikorodu local government whom many PDP supporters ànd enthusiasts benefitted from.

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