₦airaland Forum

Tinubu's regime Debt servicing now costs over six times Nigeria’s education budget and six times health spending, showing how Tinubu’s reckless borrowing is starving essential sectors.

Despite the propaganda of his claims of higher revenues, his government is seeking $2.35 billion in new loans to fund spending and repay old debts.

Tinubu is dragging Nigeria deeper into debt. By the end of the second quarter of 2025, in just three months, public debt jumped by ₦3 trillion, hitting ₦152 trillion with no meaningful infrastructure or better living conditions compared to years ago. Nigeria and Nigerians keep nosediving into multidimensional poverty.

If Chicago boy hadn’t become the president, many people would still be calling him the best president the country never had. The moment he tasted presidency, real power, boom! We see his true character, his failure. Chicago boy built Lagos my a**😂😂😂

thomas2024:
Tinubu's regime Debt servicing now costs over six times Nigeria’s education budget and six times health spending, showing how Tinubu’s reckless borrowing is starving essential sectors.

Despite the propaganda of his claims of higher revenues, his government is seeking $2.35 billion in new loans to fund spending and repay old debts.

Tinubu is dragging Nigeria deeper into debt. By the end of the second quarter of 2025, in just three months, public debt jumped by ₦3 trillion, hitting ₦152 trillion with no meaningful infrastructure or better living conditions compared to years ago. Nigeria and Nigerians keep nosediving into multidimensional poverty.

If Chicago boy hadn’t become the president, many people would still be calling him the best president the country never had. The moment he tasted presidency, real power, boom! We see his true character, his failure. Chicago boy built Lagos my a**😂😂😂

But Tinubu's supporters are telling Nigerians that Tinubu is actually reducing the debt of of Nigeria, Imagine a president who removed almost all the subsidies from, fuel, electricity, education and dollar, yet he is borrowing more than those who paid subsidies and taxing Nigerians more than all those who paid subsidies.

but his supporters are claiming he is doing better than all his predecessors, the question is where is all the money going to?

Brendaniel:
But Tinubu's supporters are telling Nigerians that Tinubu is actually reducing the debt of of Nigeria, Imagine a president who removed almost all the subsidies from, fuel, electricity, education and dollar, yet he is borrowing more than those who paid subsidies and taxing Nigerians more than all those who paid subsidies.

but his supporters are claiming he is doing better than all his predecessors, the question is where is all the money going to?

Those lost ones are out of touch with reality. Just prepare for next year. It’s going to be tougher than this.