The Nigerian government, under the leadership of President Tinubu, is pursuing economic policies that are counterproductive and detrimental to its citizens. As a concerned Nigerian, it pains me to witness the increasing tax burdens imposed on the populace, while the nation's debt continues to soar. Instead of alleviating the economic hardships faced by many Nigerians, the government opts for policies that further strain the average citizen's wallet and overall economic well-being.

Current statistics show that Nigeria's national debt has ballooned to alarming levels, exacerbating the existing economic challenges. According to the Debt Management Office, Nigeria's public debt stood at $103.11 billion by June 2023. Despite this staggering figure, the government is aggressively negotiating additional international loans. This not only threatens the nation's economic stability but also mortgages the future of its people.

The higher tax rates being levied on citizens, combined with an increasing debt burden, hinder sustainable development and contradict optimal economic practices. With inflation on the rise and unemployment rampant, the populace's purchasing power diminishes daily. This vicious cycle of borrowing and taxation has devastating impacts on the Nigerian people, stifling economic growth and hampering the potential for long-term prosperity.

International lenders have a moral duty to consider the implications of extending financial aid to irresponsible regimes. It is crucial that they take a stand and halt any financial dealings until the Nigerian government demonstrates fiscal responsibility and a commitment to improving the lives of its citizens. Investments should promote development, freedom, and self-sufficiency, not trap countries in perpetual debt cycles.

We call on organizations like the International Monetary Fund and World Bank, as well as bilateral lenders, to cease lending activities to Nigeria until transparent and ethical economic policies are put in place. By pressuring the government to adopt sound economic reforms, we can collectively drive meaningful change and ensure a brighter future for all Nigerians.

Sign this petition to urge international lenders to reconsider their lending policies to the Nigerian government. Let's work towards a Nigeria with policies that truly benefit its people, not just its leaders. Together, we can make a difference.