BREAKING: Speaker Abbas Declares Full Support for Tinubu’s Borrowing Plan, Says It’s Key to Growth and Poverty Reduction

In a bold declaration that could reshape the tone of Nigeria’s economic discourse, the Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has thrown the full weight of the Green Chamber behind President Bola Ahmed Tinubu’s borrowing strategy.

According to a post shared on Nigerian Stories’ official X handle, the Speaker stressed that borrowing remains an indispensable tool for Nigeria’s sustainable growth, insisting that the policy is not just about raising funds, but about investing in the nation’s future and lifting millions out of poverty.

Abbas argued that the President’s borrowing approach, if properly managed and directed towards critical infrastructure, job creation, and social investment programs, could unlock the country’s economic potential and cushion citizens from the biting hardship.

He emphasized that the National Assembly would provide the legislative backing required to ensure that every loan is tied to tangible developmental outcomes, while also guaranteeing strict accountability in line with international best practices.

With this declaration, the Speaker has effectively drawn a line in the sand, signaling to critics that the House of Representatives is prepared to stand shoulder-to-shoulder with the President in what is shaping up to be one of the most defining economic strategies of his administration.