N’Assembly backs Tinubu’s borrowing policy – Speaker Abbas
The Speaker of the House of Representatives, Abbas Tajudeen, has clarified that the National Assembly is not opposed to President Bola Tinubu’s borrowing policy, affirming that lawmakers support borrowing as a legitimate fiscal tool to fund infrastructure and stimulate sustainable growth. Abbas made this known in Abuja on Monday while delivering the keynote address at the 8th Annual African Network of Parliamentary Budget Offices (AN-PBO) Conference, organised by the National Assembly in collaboration with the National Assembly Budget and Research Office. The conference, themed “The Role of PBOs in African Parliaments’ Fiscal Oversight: Contribution to the African 2063 Development Agenda,” brought together African parliamentarians and fiscal experts. His remarks followed media reports suggesting legislative unease with the administration’s debt strategy, particularly after concerns were raised at the 11th Annual Conference of the West Africa Association of Public Accounts Committees. At […]