Nigeria may go bankrupt by next year – Prof. Anya

Prof. Anya O. Anya, Nigeria Merit Award laureate, and former board chairman, has warned that the country could go bankrupt between 2023 and 2024 if urgent steps were not taken to address its mounting debt profile and the outrageously unsustainable subsidy bill.

Anya, who is also the pioneer Chief Executive Officer, Nigeria Economic Summit Group, NESG, believed that Nigeria is at cross roads and the coming election is an opportunity to pull the nation back from the precipice by electing a president, who is committed to a different way of governance.