Nigeria’s debt is now N121.67 trillion, says Afe Babalola, raising alarm. Immediate debt relief measures, economic reforms and prudent governance should be taken immediately, he urges.
external loans
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President Bola Tinubu’s administration, upon taking office, pledged to reduce public spending funded by borrowing. However, he has recently requested the National Assembly approve fresh external loans totaling $7.8 billion …
