TINIBU WHY SO SOON πππππ
In just two years, the current administration led by President Bola Ahmed Tinubu has pushed Nigeria’s public debt to an alarming *₦149.39 trillion* (about *97.24 billion*). Even more concerning, the government is still seeking additional loans — including a recent request for *1.75 billion from the World Bank*.
This raises serious questions:
*How can a resource-rich nation like Nigeria be drowning in debt so quickly?*
We have abundant oil, gas, solid minerals, fertile land, and a vibrant population — yet, rather than managing and maximizing these resources, we are depending on foreign loans to run basic government operations.
While governments do borrow to fund infrastructure or emergencies, the *pace and volume of borrowing* under this administration is troubling. *Two years in office*, and the numbers already surpass what many past governments accumulated in longer terms.
What’s even worse is the lack of transparency.
Where is all this money going?
How is it benefiting the average Nigerian?
Why are we still facing high inflation, poor healthcare, rising unemployment, and insecurity?
This is a *sad and dangerous direction*. Nigeria cannot afford to mortgage its future for political survival today. Leadership must prioritize sustainability, economic independence, and accountability — not endless borrowing.
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