Nigeria’s borrowing up 278.03% between 2015 and 2021

Borrowings by Nigeria’s federal government increased by 278.03 per cent between 2015 and 2021. This according to public debt data as of December 31, 2021 released by the Director-General of the Debt Management Office, Patience Oniha. According to the document, the new borrowing allocation for 2015 was N1.46tn, which was 90.17 per cent of the … Continue reading Nigeria’s borrowing up 278.03% between 2015 and 2021