In a statement, the ADC accused Tinubu of accelerating Nigeria's descent into a debt trap, far worse than what the country experienced under his predecessor. The party argued that the new borrowing spree has no visible economic gains to show for it.
Citing official data, the ADC stated that under former President Muhammadu Buhari, the country borrowed an average of ₦4.7 trillion annually. However, borrowing under the Tinubu administration has skyrocketed to ₦49.8 trillion per year.
The party claimed that since the APC assumed power in 2015, Nigeria's public debt has ballooned from ₦12.6 trillion to over ₦149 trillion in 2025, with over $35 billion borrowed from external lenders alone in the last decade.
The ADC expressed concern that the growing mountain of debt has not translated into improved infrastructure or services. The party demanded full transparency regarding all loans taken since 2015 and urged President Tinubu to end "fiscal recklessness" and focus on meaningful economic reforms.