Speaker of the House of Representatives, Tajudeen Abbas, don defend President Bola Tinubu borrowing style, call am “responsible” and say e dey support sustainable development under the Renewed Hope Agenda. Abbas talk this one for Abuja during the 11th Annual Conference of the West Africa Association of Public Accounts Committees (WAAPAC), where he stress say public debt fit help growth if dem manage am well.

But opposition parties, Peoples Democratic Party (PDP) and African Democratic Congress (ADC) no gree with am. PDP accuse Abbas of hypocrisy, say he no get moral right to complain about Nigeria’s rising debt after he don approve Tinubu’s borrowing requests. PDP Deputy National Youth Leader, Timothy Osadolor, talk say Abbas and Senate President Akpabio dey help bury Nigeria’s economy with excessive loans.

ADC also blast the borrowing, call am reckless and dangerous. Dem warn say the loans wey APC government dey collect no get clear investment plan and go only bring hardship to Nigerians. Jackie Wayas, ADC Deputy National Publicity Secretary, say the borrowing dey fuel poverty and go affect future generations badly.

Meanwhile, Abbas insist say borrowing no be bad if government use am for infrastructure, education, and health. He warn say Africa dey face debt crisis, and Nigeria must strengthen oversight and negotiate better loan terms. He also mention say Nigeria debt don reach ₦149.39 trillion with debt-to-GDP ratio now at 52%, wey pass the legal ceiling of 40%.

As the debate dey heat up, many Nigerians dey ask whether borrowing dey truly help or just dey add to the country’s financial wahala. The clash between Speaker Abbas and opposition parties show say the matter of public debt go remain hot topic for National Assembly and beyond.