In Africa, The debt public becomes bit by bit To change the situation and make Debt a tool for growth and prosperity , the 14.0pt; line-height: 107% “>legislative institutions of continent met in Abuja, Nigeria as part of the 11th Annual Conference and General Assembly of the Association of Commissions of West African Public Accounts (WAAPAC).

mso-ansi-language:en"> L line-height: 107% “>Recent data indicates that the debt trajectory in Africa a reached a critical point. This highlights the urgent need for surveillance. strengthened, transparent borrowing practices and a collective will to ensure that tangible economic and social benefits correspond to every naira borrowed. So the 14.0pt; line-height: 107% “>Waapac conference and annual general meeting was held from September 8 to 10 In

mso-ansi-language:en"> style="mso-bidi-font-size:14.0pt; line-height: 107%; mso-ansi-language:en">placed , this conference weaves the the son of West African solidarity, where collective vigilance would offer an atmosphere conducive to the development of strategies for action constructive.

For the Nigerian Minister of Finance and Minister Economic Coordinator, Mr. Wale Edun, Africa needs efforts parliamentarians to meet the debt challenges in the country. “We must act decisively to strengthen surveillance, deepen physical discipline and ensure that public resources provide real and measurable values and installations adapted to the needs of our population,” he said. He urged African leaders to commit to borrowing prudently, to establish a realistic budget, to establish transparent reports and to ensure rigorous parliamentary control in order that Africa can build a physical framework across the continent for Ensuring sustainable and resilient situations that will guarantee prosperity future generations.

The Speaker of the House of Representatives, M. Tajuddeen Abbas, said that monitoring public debt is a democratic duty and moral responsibility of the legislative branch. “Our parliaments must ensure that every borrowing decision reflects the prudence, transparency and the collective interest of our citizens”, emphasized Mr Abbas.

mso-ansi-language:en"> mso-ansi-language:en">Prospects for 2026 The work allowed the adoption of the minutes of the 2024 General Assembly (Côte d'Ivoire), to examine the activity report of the Executive Committee and to validate the annual work plan. As such, the Conference ended on a highly symbolic note for Benin, which will host in 2026 the 2nd session of the Executive Committee of the Association. Gérard Gbénonchi who led the Beninese delegation read the motion of thanks and for the Abuja Declaration, which was given to Benin in recognition of his commitment. This text expresses the gratitude of delegations to the Nigerian authorities for the reception, hospitality and quality of the organization, while reaffirming the common desire to strengthen the parliamentary solidarity and responsible control of public debt.

The first 2026 Executive Committee meeting will be held at Ghana, while the 12th Annual Conference and General Assembly will take place at Liberia.