As Nigeria navigates its way through turbulent economic waters, a concerning trend has begun to solidify: a growing debt addiction. Since President Bola Ahmed Tinubu assumed office in May 2023, his administration has made borrowing a cornerstone of his fiscal strategy justified, repeatedly, as necessary to stabilise the economy, cushion vulnerable citizens, and finance key infrastructure. Yet, the rapid accumulation of debt and the near-automatic approvals granted by the national assembly raise critical questions about...
