Nigeria's Debt Profile
Jul 4, 2023 ·
38m 47s
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Description
Nigeria's debt profile has been a matter of concern in recent years. Over the years, the government has become reliant on borrowing to run public administration, fund infrastructure projects and...
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Nigeria's debt profile has been a matter of concern in recent years. Over the years, the government has become reliant on borrowing to run public administration, fund infrastructure projects and address budget deficits. Public debt sustainability in Nigeria has reached a critical level where almost 100% of government revenue goes into debt servicing. It's important for the government to address the rising debt profile and associated challenges and mitigate potential risks to the economy.
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Information
Author | Africa Business Radio |
Website | - |
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