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Fresh Loan: ADC Accuses FG Of Running ‘Ponzi Economy’ Politics

Fresh Loan: ADC Accuses FG Of Running ‘Ponzi Economy’

Published: May 18, 2026 | Author: NaijaChoice

The African Democratic Congress, ADC, yesterday, accused President Bola Tinubu’s administration of running what it described as a ‘Ponzi economy’ after the Federal Government moved to secure another $1.25 billion World Bank loan despite Nigeria’s growing public debt estimated at about N159.28 trillion. The opposition party said the fresh loan request has further fuelled concerns […]

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