Abuse of Ways and Means compounds Nigeria’s debt crisis 

The Central Bank of Nigeria (CBN’s) advances to the Mohammadu Buhari-led Federal Government is assuming a proportion that has left analysts raising legality, price stability, and debt sustainability concerns.

Ways and Means advances is a loan facility through which the CBN finances the shortfalls in the government’s budget. But such loans are tightly controlled as they can fuel inflation and distort monetary policy.