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FG Denies Tinubu Borrowed ₦80tn in Three Years, Explains Debt Increase

The Federal Government (FG) has denied claims that President Bola Tinubu’s administration borrowed about N80tn within three years. According to the government, the figure is misleading and largely reflects accounting changes rather than new loans. Finance Minister and Coordinating Minister of the Economy, Taiwo Oyedele,…

July 21, 2026 Nigeria Akelicious

The Federal Government (FG) has denied claims that President Bola Tinubu’s administration borrowed about N80tn within three years. According to the government, the figure is misleading and largely reflects accounting changes rather than new loans. Finance Minister and Coordinating Minister of the Economy, Taiwo Oyedele,…

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