TMSG Slams ADC over External Borrowing Plan Criticism
Editor
The Tinubu Media Support Group (TMSG) has criticized the African Democratic Congress (ADC) for its stance on the President Bola Tinubu administration’s external borrowing plan, accusing the opposition party of engaging in “political gamesmanship.”
In a statement signed by its Chairman Emeka Nwankpa and Secretary Dapo Okubanjo, TMSG questioned why ADC’s spokesman, Bolaji Abdullahi, a former minister, failed to mention loans taken by the government he served during the oil boom era.
“We wonder how a former federal cabinet member like Bolaji Abdullahi could resort to sheer deceit, gimmicky, and political gamesmanship on the issue of external borrowing plans,” the statement read.
TMSG pointed out that the Goodluck Jonathan-led administration, which Abdullahi served in, had sought and obtained approval for $9.3 billion in concessionary loans under its 2012-2014 Medium Term External Borrowing Plan. The group challenged Abdullahi to provide proof that the government he served collected all the facilities it secured parliamentary approvals for before handing over in 2015.
The group also disputed ADC’s demand for a forensic audit of loans collected by Nigeria in the last ten years, describing it as “a continuation of the politics of deceit, chicanery, and subterfuge.”
“If there’s any proof of ADC as a motley assembly of strange bedfellows, united in their collective anger over loss of power and privileges, this is it,” the statement added.
