Rédaction Africa Links 24 with Nwafor
Published on 2025-07-30 05:19:00
By John Alechenu
Abuja— Labour Party’s presidential candidate in the 2023 elections, Peter Obi, has again decried what he described as President Bola Tinubu’s administration’s penchant for reckless borrowing without accountability.
Obi spoke in response to the latest external borrowing plan of $21 billion, N2.2 billion euro and ¥15 billion approved by the Senate last week. The former Anambra State governor noted that with the latest approval, Nigeria’s debt now stood at N187 trillion, with palpable fear that it might climb to N200 trillion before the end of the year.
Writing on his X handle yesterday, Obi said: “On July 22, 2025, the Nigerian Senate approved an additional $21 billion, 2.2 billion euro,…
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