Youth Movement Urges National Assembly to Reject Tinubu’s $21.5 Billion Loan Request
The Nigerian Youth Movement (NYM) has called on the National Assembly to reject President Bola Tinubu’s proposed $21.5 billion loan request, citing concerns over the nation’s escalating debt profile and potential economic repercussions.
In a statement reported by Sahara Reporters, the NYM emphasized that approving such a substantial loan could further burden future generations and undermine Nigeria’s economic sovereignty. They urged lawmakers to prioritize fiscal responsibility and explore alternative solutions to address the country’s financial challenges.
The youth-led organization highlighted the importance of transparency and accountability in governmental financial decisions, stressing that unchecked borrowing could lead to long-term economic instability.
This appeal comes amid growing public discourse on Nigeria’s debt sustainability and the need for prudent economic management.
#RejectTheLoan #NigerianYouthMovement #FiscalResponsibility #NigeriaDebtCrisis
The Nigerian Youth Movement (NYM) has called on the National Assembly to reject President Bola Tinubu’s proposed $21.5 billion loan request, citing concerns over the nation’s escalating debt profile and potential economic repercussions.
In a statement reported by Sahara Reporters, the NYM emphasized that approving such a substantial loan could further burden future generations and undermine Nigeria’s economic sovereignty. They urged lawmakers to prioritize fiscal responsibility and explore alternative solutions to address the country’s financial challenges.
The youth-led organization highlighted the importance of transparency and accountability in governmental financial decisions, stressing that unchecked borrowing could lead to long-term economic instability.
This appeal comes amid growing public discourse on Nigeria’s debt sustainability and the need for prudent economic management.
#RejectTheLoan #NigerianYouthMovement #FiscalResponsibility #NigeriaDebtCrisis
💰 Youth Movement Urges National Assembly to Reject Tinubu’s $21.5 Billion Loan Request
The Nigerian Youth Movement (NYM) has called on the National Assembly to reject President Bola Tinubu’s proposed $21.5 billion loan request, citing concerns over the nation’s escalating debt profile and potential economic repercussions.
In a statement reported by Sahara Reporters, the NYM emphasized that approving such a substantial loan could further burden future generations and undermine Nigeria’s economic sovereignty. They urged lawmakers to prioritize fiscal responsibility and explore alternative solutions to address the country’s financial challenges.
The youth-led organization highlighted the importance of transparency and accountability in governmental financial decisions, stressing that unchecked borrowing could lead to long-term economic instability.
This appeal comes amid growing public discourse on Nigeria’s debt sustainability and the need for prudent economic management.
#RejectTheLoan #NigerianYouthMovement #FiscalResponsibility #NigeriaDebtCrisis
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