Chart of the day: Nigeria’s debt profile ($billion)
Since 2015 when the Muhammadu Buhari administration came to power, Nigeria’s debt stock has been on an upward trajectory. Within this period, however, Nigeria has won the unenviable trophy…
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Nigeria’s debt
Every Nigerian owes N191,889 of national debt
As Nigerians felicitated with one another on January 1, 2022, and celebrated the new year, each person owed N191,889.55 as their share of the country’s debt. It is the most each Nigerian…
Nigeria’s public debt: Matters arising
Nigeria’s Debt Service to Revenue Ratio has elicited concerns around Debt sustainability in recent times. While such concerns are valid, the missing question in the argument is: How did we…
Nigeria needs more than taxes to fix its ‘insufficient funds’ problem
For Africa’s largest economy, recent growth has been tepid post-Covid despite an uptick in demand for crude oil. A growing debt profile subsisting alongside a currency-induced foreign…
The PIA has made an end to fuel subsidy irresistible – Ngelale
Ajuri Ngelale is the Senior Special Assistant (SSA) to President Muhammadu Buhari, on Public Affairs. In this interview John Osadolor, with Deputy Editor, and Tony Ailemen, Assistant News…