N152.4trn Debt Crisis: Experts Urge Federal Government to Slash Borrowing Now
Financial experts have urged the federal government to avoid taking on new debt unless absolutely necessary, recommending that any borrowing for vital infrastructure projects be...
Financial experts have urged the federal government to avoid taking on new debt unless absolutely necessary, recommending that any borrowing for vital infrastructure projects be conducted through equity financing instead. In discussions with LEADERSHIP, these specialists questioned the rationale behind Nigeria’s continued borrowing, especially given that the nation’s debt has now surpassed N150 trillion. According...