The African Democratic Congress (ADC) has publicly condemned the federal government, led by President Bola Tinubu, for the increasing national debt levels in Nigeria. The party characterized the government's financial practices as akin to a Ponzi scheme, suggesting that the current economic strategies are unsustainable and detrimental to the nation's fiscal health. The ADC's statements were made during a press conference in Abuja, where they called for urgent reforms to address the escalating debt crisis.
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