Obi to Tinubu: Borrowing for consumption is ‘killer cancer’

Former presidential candidate Peter Obi criticized Nigeria's borrowing pattern, warning that debt accumulated without productive investment could harm the country's economic future. He described borrowing for consumption as a 'killer cancer', emphasizing that it does not create jobs or improve living standards. Obi also expressed concerns over the high debt servicing burden, which constrains the government's ability to invest in key sectors.