Former Nigerian President Olusegun Obasanjo expressed concerns about the country's growing debt, describing it as a burden for current and future generations. He called for transformative leadership, anti-corruption measures, and constitutional reforms, citing South Korea and Singapore's success...
Between 2015 and March 2019, Nigeria’s external debt profile suddenly grew from $10.32 billion to N24.947 trillion or $81.274 billion, former president, Chief Olusegun Obasanjo, has said...
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An international investment and business consultant, Dr. Vincent Nwani has warned the Federal Government against adding more debt to the current N24.3trillion foreign debt, urging the president to take proactive measures to reduce the …
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The country’s debt profile now stands at N22.38tn, the Debt Management Office has said.
At a press briefing in Abuja on Tuesday, the Debt Management Office said the country’s debt stood at N22.38tn as of June 30.....
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Though Nigeria may not be considered a low-income economy and her debt stock of which is between 20 and 23 per cent of Gross Domestic Product (GDP), is still very low by …
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Minister of Finance, Kemi Adeosun has assured that Nigeria’s debt level was still sustainable and under control.
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The Minister of Finance, Kemi Adeosun, has defended the country’s current N21.7 trillion debt profile, saying the federal government was borrowing to build key national assets for economic growth. Mrs. Adeosun said in Abuja the Muhammadu Buhari administration was not worried with the high debt …...
Nigeria’s public debt stock for both the federal government and the states as at June 30 stood at N19.63 trillion, a report by the Debt Management Office (DMO) has reveal.
The report was obtained from the DMO website by the News Agency of Nigeria (NAN) yesterday in Abuja.
Giving a breakdown...
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