Stop borrowing or Nigeria will sink – Primate Ayodele cautions Tinubu

News Stop borrowing or Nigeria will sink – Primate Ayodele cautions Tinubu Published on May 1, 2026 By Seun Opejobi googletag.cmd.push(function() { googletag.display('div-gpt-ad-1500386953281-8'); }); The leader of the INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has warned President Bola Ahmed Tinubu about his administration’s frequent borrowing to fund projects in the country. In a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele stated that frequent borrowing indicates the country has not effectively utilized its resources to improve the nation. He said that continuous loans will cause the country’s economy to decline if proper attention isn’t given. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524595905268-5'); }); The prophet said the country has resources in many states like Taraba, Zamfara, Kogi and others, and he mentioned that these resources can help the country become self-sufficient. “Stop borrowing money, we have resources in states like Taraba, Zamfara. Nigeria will go on sale with the way Tinubu is going about borrowing money. The country will sink if we are not careful.” Primate Ayodele made it known that Nigeria is in debt that can never be fully repaid, despite the fact that there are resources to save the economy instead of debt. He cautioned the president not to allow it to get to a stage where no country wants to borrow Nigeria’s money anymore. “We are on a debt that can never be fully repaid, but we can use what we have to save the economy instead of these debts. “The country is rich already; let us not get to a level where nobody would want to borrow from us money again.” He further warned that borrowing will kill the Nigerian economy. “Borrowing will kill the Nigerian economy; use resources in some of our states to make the country better,” he added. Don't Miss May Day: Akwa Ibom NLC begs Gov Eno for ICT centre, injection of more funds into primary schools You may like Tinubu to embark on three-nation trip to France, Kenya, Rwanda ADC Supreme Court ruling: Start editing your handover note – Eze to Tinubu Rice distribution not governance, Nigerians aren’t beggars – Atiku slams Tinubu, First Lady Gov. Yusuf, Ganduje, others contribute N50m for purchase of Tinubu’s re-election bid forms May Day 2026: Tinubu committed to workers’ welfare – APC Chair, Yilwatda 2027: ‘Money Tinubu gives govs will make Edo people vote him’ – Okpebholo

SOURCE: https://dailypost.ng/2026/05/01/stop-borrowing-or-nigeria-will-sink-primate-ayodele-cautions-tinubu/