@businessinsiderssa: "Borrowing is not leprosy," President Bola Tinubu declared while defending his administration's debt strategy at the new Nigeria Revenue Service headquarters. The statement serves as a direct response to recent criticism regarding Nigeria’s rising debt profile and a new $516 million foreign loan request. Tinubu argued that strategic debt is a standard economic tool used by successful global economies to finance critical infrastructure and development. He emphasised that taking on debt is not a stigma, provided the funds are utilised productively with a disciplined, hardworking plan for repayment.