The incoming administration should prioritise debt forgiveness – Afe Babalola
He also urged the new administration to cut expenditures and undertake reforms that would scale down governance costs.
Tag: Nigeria’s debt crisis
Foreign investors trapped in the debt market as dollar scarcity persists
As the country’s external reserve faces more pressure, foreign investors have been held down in Nigeria’s debt market.
Nigeria’s foreign debt has breached a 15-year trigger
Nigeria’s external debt hits a 16 year high of $27 billion in December 2019 just higher than the $20.8 billion ...
Nigeria could likely borrow more despite IMF’s warning
Nigeria's Budget Minister, Mr Udoma U. Udoma, has claimed that the country has a sustainable debt portfolio and could borrow ...
Nigeria’s debt portfolio increases by ₦9.61 trillion
Nigeria's debt increased by ₦9.61 trillion between mid-2015 and end of 2017, The Debt Management Office has said. In a statement to The ...
