The Nigeria Democratic Congress (NDC) has called on Nigerians to come out en masse and vote for the proposed Peter Obi and Rabiu Musa Kwankwaso ticket in the presidential election slated for January 16, 2027. The party accused President Bola Tinubu’s administration of deepening the country’s debt with incessant requests for foreign loans.
The party said the increasing load of debt and the financial commitments being passed on to the next generation make the 2027 general election a key moment for Nigerians to hold leaders accountable and demand prudent use of public resources.
The NDC’s petition came after Tinubu asked the National Assembly to approve a new external borrowing plan of $7.7 billion (about ₦10.79 trillion) to fund the budget shortfall for 2026.
The repeated demands for borrowing are a sign of what she calls an unsustainable debt accumulation trend, according to Dr. Chiogo Constance Ikokwu, spokesperson for the NDC National Presidential Campaign Council, in a statement released on Thursday, November 5, 2026.
Ikokwu advised Nigerians to learn from the November 4, 2026 elections in the United States, noting that individuals should exercise their franchise to impact political leadership and not succumb to economic suffering.
Americans had shown the value of democratic engagement by turning up to vote, given the rising cost of living and the struggles they were facing, she said.
She said Nigerians should also come out en masse to vote for Obi and Kwankwaso to change the political and economic orientation of the country.
“Indeed, it appears that at this time, we cannot stop President Tinubu from his One Week! New Loan ! 1 Week! New Loan! borrowing spree, which is already hitting the roof, since unfortunately, he has pocketed the National Assembly,” she added.
The NDC spokesperson also took a swipe at the National Assembly for failing to adequately scrutinise the Federal Government’s borrowing requests.
She accused the legislature of being a rubber stamp of the executive, saying that loan proposals seemed to gain political clearance even before they were officially submitted to the National Assembly.
But Ikokwu insisted that Nigerians still had the power to determine the future of the country at the vote.
But Nigerians should not despair. The ballot is still our greatest weapon for change. “We urge citizens to use their votes to rescue the country from this debt trap and entrust its future to a government committed to transparency, accountability and prudent management of public resources,” she added.
The party also warned against what it termed as mortgaging Nigeria’s economic future through unsustainable borrowing and inadequate management of public resources.
It urged voters to be engaged for the 2027 elections, reminding them that leadership responsibility and budgetary discipline should be key elements in deciding the next administration of the country.
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