The Interim National Publicity Secretary of the party, Tony
Akeni, made this call in a statement in Abuja.

Akeni cited concerns over Nigeria’s mounting debt profile
and fiscal instability.

He stated that Nigeria’s debt crisis has reached alarming
levels, with the country’s public debt soaring to 149.39 trillion in barely
three months, surpassing the 40 per cent threshold set by relevant fiscal laws.

“For Nigerians to appreciate Speaker Abbas’ sense of alarm,
one must put in perspective the facts.

“Both the Debt Management Office, DMO, and CBN’s published
data available to the public reveal that in the first 90 days of this year,
2025 alone, Nigeria’s public debts soared from N121.7billion in December 2024
to N149.39trillion.

“What is more frightening is that in the same three-month
period, the debt-to-GDP ratio resulting from these debts, rose to 52%, which is
far above the highest safe limit of 40% set by Nigeria’s own fiscal laws,” the
statement said.

According to the statement, President Tinubu’s request for
fresh loans from the World Bank, amid soaring debt, inflation and grinding
poverty, was proof that this administration was insensitive to the sufferings
of Nigerians.