Nigeria’s Rising Debt Sparks Fresh Fiscal Concerns
Economic analysts have renewed concerns over Nigeria’s growing debt profile, warning that the country’s debt-to-revenue ratio has reached unsustainable levels and could undermine long-term fiscal stability. Despite increased revenue allocations from the Federation Account Allocation Committee (FAAC), the Federal Government continues to pursue new loans. President Bola Tinubu recently sought Senate approval for a $516.3 […]
