N77trn debt: We’re back to dark days, Nigerians cry out

There is growing fear that Nigeria may just be back to the dark days before the country got debt forgiveness in 2003 with its public debt projected to rise to N77 trillion before the President Muhammadu Buhari’s administration leaves office on May 29, BENJAMIN UMUTEME reports.

Responding to questions on Nigeria’s debt, Oniha said the move by the federal government to securitise the loans (Ways&Means) from the Central Bank of Nigeria (CBN) would drive up the debt.

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