Don't lend Tinubu fresh loans, you're mortgaging Nigeria's future – APM warns World Bank

The Allied Peoples Movement (APM) has urged the World Bank and other international lenders to stop granting President Bola Tinubu new loans, warning that such borrowing would jeopardize Nigeria's future. The party criticizes the government's lack of a clear strategy to repay its increasing debt, especially with the proposed $1.5 billion credit. It also condemns the rise in taxes and living costs since Tinubu took office in 2023, despite increased revenues following the removal of petrol subsidies.