Debt and infrastructure: Nigeria’s Catch 22

Uche Chris President Buhari’s letter to the Senate for approval to raise a fresh $4.2 billion, and $700 million Euro bond external loan has again reopened the debate on Nigeria’s debt stock and the looming debt trap. Before the current request, which allegedly was part of the 2018-2021 Medium Term borrowing plan, the country debt … Continue reading Debt and infrastructure: Nigeria’s Catch 22