Nigeria's Public Debt Soars to N97.34 Trillion in Q4

Nigeria's Public Debt Soars to N97.34 Trillion in Q4

In a concerning development, Nigeria’s public debt has surged to N97.34 trillion, marking a substantial 10.7% increase from the previous quarter. This sharp rise is primarily attributed to government borrowing and loans from international institutions, undertaken to address deficits in the 2024 budget.

The debt composition reveals a…

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