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abdulsalam

a year ago

Speaker Tajudeen Abbas Did Not Condemn Borrowing

🚨 CLARIFICATION ON FAKE NEWS 🚨

Our attention has been drawn to some mischievous posts falsely claiming that the Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, Ph.D., GCON, condemned Nigeria’s borrowing. This is nothing but fake news and deliberate distortion.

For the record, Speaker Abbas Tajudeen, PhD, GCON, never condemned borrowing. On the contrary, at the 11th Annual Conference and General Assembly of the West Africa Association of Public Accounts Committees (WAAPAC), where Speaker Abbas was duly represented by a PDP chieftain, MHR BABATUNDE SALAM, made it clear that:

✅ Public debt, if managed prudently, can be a tool for growth and prosperity.

✅ The legislature’s role is to ensure that every naira borrowed delivers tangible value to Nigerians.

✅ President Bola Ahmed Tinubu, GCFR, is already working assiduously to reduce reliance on borrowing through a robust non-oil revenue drive - proof of responsible fiscal management.

✅️ For the first time in decades, Nigeria has met its 2025 revenue target ahead of schedule, without reliance on borrowing. This is proof that with discipline, focus, and courage, we can reduce dependence on external loans and secure our economic sovereignty.

The Speaker’s call was not against borrowing, but for stronger oversight, transparency, and accountability so that debt translates into real development - roads, schools, hospitals, and innovation.

Let it be known: oversight of public debt is a constitutional duty and a moral responsibility of parliament. This is about safeguarding Nigeria’s financial future, not playing to the gallery of mischief-makers.

Fake news will not stand. The facts are clear, the Speaker’s position is consistent, and the message remains emphatic: responsible borrowing, prudent management, and a collective resolve for sustainable development.

The opposition, therefore, is best advised to explore other means of survival - for Speaker Abbas provides no ventilator for their gasping decline, and no cure for their terminal slide into political oblivion...

Good Evening Severally.

Jowosimi Olabamiji Enitan (LEGENDARY-J.O.E)

SA NEW MEDIA TO THE SPEAKER

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