The Director-General of the Debt Management Office (DMO), Patience Oniha, has blamed President Muhammadu Buhari and the previous administrations for Nigeria’s rising debt.
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Oniha said the debt has been driven by operating budget deficits of successive governments, compelling the governments to always request new loans to sustain.
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She explained in a report by NAN on Sunday that budget deficits rose to N10.78 trillion in 2023, significantly above the N1.62 trillion reported in 2015. student debt forgiveness
