How will incoming administration cope with N91.6trillion debts?
With the incoming administration expected to inherit the country’s humongous gross national debt stocks currently estimated at N91.6trillion, will the new government sag under the […]
Debts
Furore over Nigeria’s $4.1billion unpaid debts to China
The federal government is currently enmeshed in some credibility crisis as a result of the over $4billion debts owed to China. Ibrahim Apekhade Yusuf in […]
NACCIMA calls on govt to cut rising public debts, control expenditure
Nigeria’s worsening and depressing socio-economic conditions can be addressed through appropriate policy mix and implementation that can put the ailing economy back on the path […]
28 govs pile up N5.8tn debts for incoming govts
•States’ debts to rise above 200% of revenue in 2023 – World Bank •Lagos cannot execute laudable projects without loans – Commissioner The governors of […]
Restructure debts to resuscitate economy, says Rewane
• World Bank: debt-service squeezing poor countries Presidential Economic Adviser, Bismarck Rewane, has called on the federal government to embark on restructuring of its debts […]
Report: Nigeria, other IDA countries to service $9tr debts with $62b
The World Bank’s new International Debt Report released yesterday showed that Nigeria and 173 other countries in the International Development Association (IDA) list will spend […]
Nigeria has sufficient dollars to service rising debts, says Fitch
Nigeria’s debt service costs will continue to rise in the short to medium term, but the country has enough dollar liquidity to service the debts […]