The $21.7 Billion Question: Can Nigeria Borrow More Without Squeezing Its Future?
By OBIOMA TORI Nigeria’s $21.7bn Loan Gamble: Annual External Debt Servicing Could Hit $4.2bn NIGERIA’S proposed $21.7 billion external borrowing programme could significantly increase the country’s debt-servicing burden, with annual interest obligations projected to rise from approximately $3 billion to $4.2 billion if the Federal Government fully utilises the proposed facilities. The borrowing request, submitted […]
