CUPP urges Speaker to back words with action on Nigeria’s borrowing

By John Alechenu

Abuja — The Coalition of United Political Parties (CUPP) has urged the Speaker of the House of Representatives, Abbas Tajudeen, to instrumentality factual steps to guarantee liable borrowing by the Federal Government.

National Secretary of the CUPP, Chief Peter Ameh, made the entreaty successful effect to caller comments credited to the Speaker expressing interest implicit Nigeria’s rising debt-to-GDP ratio.

Ameh said the remarks reflected what galore stakeholders had agelong emphasized—that unchecked borrowing could spot a dense load connected aboriginal generations.

“This contented is beyond enactment politics; it is astir the aboriginal of Nigerians yet unborn. Our anticipation and supplication is that the Speaker’s interest volition construe into tangible enactment by the House,” helium said.

The CUPP urged the National Assembly to cautiously scrutinize borrowing requests and guarantee they are tied to productive investments that volition positively interaction the lives of citizens.

According to the group, the legislature has a work to safeguard nationalist involvement by promoting fiscal subject and accountability successful the absorption of nationalist resources.

The station CUPP urges Speaker to backmost words with enactment connected Nigeria’s borrowing appeared archetypal connected Vanguard News.