The Senior Special Adviser to President Bola Ahmed Tinubu on Policy Communication, Daniel Bwala, has said that Nigeria’s current borrowing profile remains within a safe threshold, describing it as being on an “amber” level rather than a danger zone.

Bwala made the remark while responding to public concerns and online reactions over Nigeria’s borrowing activities and engagement with international financial institutions such as the World Bank and the International Monetary Fund (IMF).

According to him, assessments by global financial experts indicate that Nigeria’s debt position has not reached a critical level, stressing that the country still maintains a manageable revenue-to-debt ratio.

“This is the eve of an election, and it’s difficult to tell whether the citizens flooding the World Bank’s page over Nigeria’s right to borrow are opposition members or genuine citizens,” he said.

He added that the Federal Government has a constitutional responsibility to implement policies that support economic growth, including borrowing where necessary to fund infrastructure and stimulate the economy.

“The World Bank, IMF, and other global experts have continually said Nigeria’s borrowings are still on amber, not red. We’ve been able to establish a revenue ratio. It’s not much, but it’s not a danger signal,” Bwala stated.

He further argued that Nigeria’s limited revenue base makes borrowing necessary for critical infrastructure development and economic stimulation, insisting that such financial decisions are part of standard governance practice.

“We do not have sufficient funds to deal with infrastructure and stimulate the economy, so we have to do what we have to do. Borrowing is part of it,” he added.

The comments come amid ongoing public debate over Nigeria’s rising debt profile and concerns about long-term fiscal sustainability.