Tag: Debit Burden
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With Tinubu’s Fresh World Bank Loan Request, Each Nigerian’s Debt Burden Hits ₦716,822
By George Omagbemi Nigeria’s rising debt profile has triggered fresh questions over government borrowing and accountability as the Federal Government opens discussions with the World Bank for three proposed financing facilities worth $1.5 billion, even as public debt reaches ₦166.79 trillion. Reports calculated Nigeria’s public debt burden at approximately ₦716,822 per citizen, based on the…