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Tag "Nigeria’s Debt Profile"

From Obasanjo to Buhari… how FG’s debt profile surged 658% to N26.9trn in 21 years

    From Obasanjo to Buhari… how FG’s debt profile surged 658% to N26.9trn in 21 years

Nigeria’s public debt has been on the rise. Despite securing debt relief during the Olusegun Obasanjo-led administration, successive governments have continued on a borrowing spree — the federal government’s component

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Akabueze: Nigeria is poor — but potentially rich country

    Akabueze: Nigeria is poor — but potentially rich country

Ben Akabueze, director-general of the budget office of the federation, says Nigeria is a poor but potentially rich country. Akabueze, who spoke during an interview on Channels TV on Thursday,

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Zainab Ahmed: FG exceeded 3% fiscal borrowing threshold in 2020

    Zainab Ahmed: FG exceeded 3% fiscal borrowing threshold in 2020

Zainab Ahmed, minister of finance, budget and national planning, says the federal government exceeded its 3 percent fiscal borrowing threshold in 2020 because of the COVID-19 pandemic. The fiscal responsibility

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Does Nigeria care more about its debt profile than citizens?

    Does Nigeria care more about its debt profile than citizens?

BY DATAPHYTE A recent DATAPHYTE occasional paper revealed that budgetary provision to some of the top five most critical sector’s of Nigeria’s economy accounted for only 17 percent of the initial 2020

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