Federal Politics
One Week, New Loan: NDC Challenges Tinubu Over N10.79tn Borrowing
The Nigeria Democratic Congress (NDC) has criticised President Tinubu over his request for a fresh N10.79tn loan.
The Nigeria Democratic Congress (NDC) has criticised President Tinubu over his request for a fresh N10.79tn loan.
President Bola Tinubu has responded to criticism over the government's new borrowing plans.
Finance Minister, Zainab Oyedele, has defended the government's proposal to borrow $21.7 billion amidst criticism.
According to the latest data from the Debt Management Office (DMO), Nigeria's total public debt stock has increased to N166.79 trillion as of June 30, 2026.