Brazil’s Debt Crisis: A Stark Warning for Nigeria’s Financial Future

“Is Nigeria walking the same precarious path as Brazil, where debt and dwindling investor confidence wreaked havoc on its economy?” Nigeria’s 2025 budget is setting records at ₦47.9 trillion, but it raises big concerns about the country’s economic future. While this budget represents a 74.18 percent increase from the previous year, over a third of it—₦15.81 trillion—will go towards paying off debts, debt servicing so to say.   This means there’s less money available for essential investments in health, education, and infrastructure,