The National Democratic Front (NDF) has slammed the African Democratic Congress (ADC) for accusing President Bola Tinubu’s administration of pushing Nigeria into deeper debt, calling the claims “dishonest” and politically motivated.

In a strongly worded statement released in Abuja and signed by its President, Dr. Ghalil Nasir, the NDF accused the ADC of twisting economic facts to score cheap political points. Dr. Nasir said it was unfortunate that a party with no real political influence or track record was attacking an administration working hard to fix long-standing problems.

“The ADC is misusing economic data without proper context. Their claims are not only misleading but also come from a party that has no seats in the National Assembly and no known policy achievements,” Dr. Nasir said.

He explained that President Tinubu inherited a troubled economy with a public debt of ₦87.3 trillion, huge petrol subsidy debts, multiple exchange rates, and soaring inflation. According to him, Tinubu chose to stabilize the economy through reforms and targeted borrowing, rather than cutting capital projects that benefit ordinary Nigerians.

The NDF also noted that most of the loans taken under Tinubu are tied to specific projects in infrastructure, energy, and economic growth — not wasteful spending. “These are smart loans meant to rebuild the country, not vanity borrowing,” Nasir added.

The group dismissed comparisons between Tinubu and Buhari, stating that while Buhari borrowed for subsidies and overheads, Tinubu is investing in projects with long-term benefits.

NDF also pointed to signs of progress, including $3.9 billion in portfolio investment inflows in the first quarter of 2025 — the highest in five years — and positive remarks from international bodies like the IMF and African Development Bank.

They described ADC’s claims of Nigeria heading for ₦200 trillion in debt as “fear-mongering” meant to stir public anxiety. Instead, the group urged Nigerians to focus on how the borrowed funds are being used.

“What matters is whether we are borrowing wisely — and under President Tinubu, the answer is yes,” Nasir emphasized.

He challenged the ADC to highlight a single policy success or national project it had initiated. “They have no record of performance, only loud criticism,” he said.

The NDF concluded by urging Nigerians not to be swayed by political distractions, stressing that the focus should be on solutions, not noise. “President Tinubu is on the right track. Let the ADC bring real ideas to the table, not empty talk,” the group stated.