The reckless borrowing by the federal government of Nigeria is pushing the country’s economy toward collapse if immediate action is not taken.

President Bola Tinubu’s economic team appears to lack the proper knowledge of economic policy. The Viewers Corner News team appeals to President Bola Tinubu to sack the current team and appoint competent professionals. A capable economic team would not continue advising the government to borrow excessively from the World Bank and other sources.

Today, Nigeria’s debt has reached an alarming level, creating a huge burden for both the government and future generations. Even worse, Nigerians are largely unaware of how this borrowed money is being spent, which is deeply concerning.

We urge Nigerians to continue appealing to the APC/President Bola Tinubu administration to develop a new strategy to stabilize the economy. The government should explore internal solutions and address the excessive borrowing problem. Additionally, the introduction of too many taxes has already put further strain on Nigerians, yet the situation continues to deteriorate.

Source: Viewers Corner News

Translate »
Scroll to Top