Nigeria must avoid a debt crisis

NIGERIA’S rapid descent into a potentially unsustainable debt trap causes concern. Nigeria’s total debt is set to hit a record N136 trillion, following President Tinubu’s fresh request to the National Assembly to approve a N1.77 trillion ($2.2 billion) external borrowing plan to support the 2024 budget. The parliament approved it on Wednesday. The country’s debt

Read More Read More

Check Also

Tax reform: No to scrapping of TETFUND

THE Tertiary Education Trust Fund, the Student Education Loan Fund and other education-related components of …

Leave a Reply

Your email address will not be published. Required fields are marked *