{"id":199082,"date":"2025-05-29T19:19:38","date_gmt":"2025-05-29T17:19:38","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-facing-imminent-economic-catastrophe-over-mindless-borrowing-youth-group-warns-tinubu\/"},"modified":"2025-05-29T19:19:38","modified_gmt":"2025-05-29T17:19:38","slug":"nigeria-facing-imminent-economic-catastrophe-over-mindless-borrowing-youth-group-warns-tinubu","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-facing-imminent-economic-catastrophe-over-mindless-borrowing-youth-group-warns-tinubu\/","title":{"rendered":"Nigeria Facing Imminent Economic Catastrophe Over Mindless Borrowing, Youth Group Warns Tinubu"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"60\">With Nigeria&#8217;s debt projected to hit \u20a6180 trillion, the Youth Arise Movement (YAM) has raised the alarm over continued borrowing by the Federal Government, warning that the country is on the brink of economic collapse. The group has called on President Bola Ahmed Tinubu to suspend further external loan requests and urged the National Assembly to reject any such proposals.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"39\">In a statement issued Wednesday in Abuja, YAM Convener, Comrade Ademola Babatunde, cautioned against what he described as&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202505290499.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Nigeria\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/nigeria\/\">Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Nigeria&#8217;s debt projected to hit \u20a6180 trillion, the Youth Arise Movement (YAM) has raised the alarm over continued borrowing by the Federal Government, warning that the country is on the brink of economic collapse. The group has called on President Bola Ahmed Tinubu to suspend further external loan requests and urged the National Assembly [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":199083,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[258,256,11107,27466,3576,10458,5192,15637,51474,257,4687,393,254,8308,6853,6276],"class_list":["post-199082","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-africa","tag-borrowing","tag-catastrophe","tag-economic","tag-facing","tag-group","tag-imminent","tag-mindless","tag-news","tag-nigeria","tag-nigeria-news","tag-south-africa-today","tag-tinubu","tag-warns","tag-youth"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/199082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=199082"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/199082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/199083"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=199082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=199082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=199082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}