'Tinubu has no clear plan to repay Nigeria’s growing debt' - APM - Daily Post Nigeria

Author: Hadiza MusaPublished on: September 29, 2026Country: Nigeria
Business & Economy
'Tinubu has no clear plan to repay Nigeria’s growing debt' - APM - Daily Post Nigeria

The Allied Peoples Movement (APM) has accused President Bola Tinubu's administration of lacking a clear plan to repay Nigeria’s increasing debt. The party urges the World Bank and other international lenders to stop extending new loans, warning that continued borrowing could burden Nigerians further. They criticized the government’s ongoing borrowing despite increased revenue from the removal of petrol subsidies, which has led to rising living costs and economic hardships. APM calls for greater transparency, fiscal discipline, and investment in productive sectors instead of further debt accumulation.

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