Peter Obi Raises Alarm Over Rising Debt as Nigeria’s Public Borrowing Nears ₦200 Trillion
Former presidential candidate Peter Obi has expressed concern over Nigeria’s rising public debt profile, calling on the Federal Government to...
Tag Archives: #NigeriaDebt
Obi Raises Alarm Over $11.6bn Debt Service Projection, Says Nigeria’s Fiscal Priorities Need Urgent Review
A former Governor of Anambra State, Peter Obi, has expressed concern over Nigeria’s projected plan to spend about $11.6 billion...
Reps Approve $516m Loan for Sokoto–Badagry Superhighway Project Amid Debt Concerns
The House of Representatives has approved a $516 million external loan request by President Bola Tinubu to fund sections of...
ADC Lawmakers condemns Tinubu’s $516m Loan Request for Sokoto–Badagry Highway
The African Democratic Congress (ADC) Legislators’ Forum has criticised President Bola Tinubu over his request for Senate approval of an...
Presidency Dismisses Dino Melaye’s Claims on Nigeria’s Rising Debt
The Presidency has dismissed recent remarks by former Kogi West Senator, Dino Melaye, on Nigeria’s rising debt profile. Melaye, speaking...
Nigeria’s Foreign Debt Repayment Increases By 50%
Nigeria’s foreign debt servicing has surged by 50% year-on-year, according to new data released by the Central Bank of Nigeria...
Nigeria’s Debt Servicing Hits N6.04tn in H1 2024, Raising Sustainability Concerns
Nigeria's debt servicing expenses skyrocketed to N6.04 trillion in the first half of 2024, marking a staggering 68.8% increase from...