Nigerian comedian and musician Nasboi has called on the World Bank to stop giving fresh loans to Nigeria, accusing the government of mismanaging every borrowed fund without accountability or visible impact.
In a post on his official X account, Nasboi wrote, “World Bank abeg if Nigeria come borrow money again abeg no give them….. Dem no dey use the money wey una borrow them do anything oooo! Abeg.”
The post, which has since gone viral, sparked widespread reactions from Nigerians who expressed anger over the rising debt profile of the country under Bola Tinubu’s government and the alleged misuse of public funds.
Credit : Nollywire
One user, @MagnificentKin6, questioned the global lender’s judgement, saying, “But this World Bank no get sense at all? Person dey own you debt, you still dey borrow am money again.”
READ MORE: Nigeria Now Africa’s Top World Bank Debtor Under Tinubu After Shifting Burden from IMF
Another, @AustinINstate, accused the World Bank of complicity, writing, “They all use the money you borrow them to purchase mansions in the USA. World Bank they disguise as people who love Nigeria but nah lie oo.”
Some Nigerians argued that the loans only deepen poverty and corruption, while others alleged that certain officials at the World Bank may be benefiting from kickbacks.
“With the level of corruption in this government, you will be shocked that there is the possibility that some people at the World Bank sef dey collect kickback from those ‘non-developmental, collect-and-embezzle’ loans,” wrote @ExaltedFarayola.
Another user, @20Nein, described the lending pattern as a deliberate tool of control, stating, “World Bank go still loan them money because they actually don’t want you to use it to develop your country — that way they have more control over you. It is a feature, not a bug.”
Many respondents echoed Nasboi’s frustration, accusing the Tinubu-led administration of borrowing recklessly despite failing to improve infrastructure, education, or welfare.
“Nigeria’s debt keeps rising while the people sink deeper into hardship. It’s clear the loans are not used for the masses,” wrote @factz25.
Nasboi’s post comes amid growing public outrage over Nigeria’s total debt stock, which recently hit ₦152.4 trillion, an increase of ₦65 trillion in just two years.
For many Nigerians, the comedian’s message captures a deeper national frustration — a demand for both international lenders and local leaders to end what critics describe as a “vicious cycle of borrowing and squandering.”
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