Nigeria’s macabre dance to global debt trap

The startling revelation that the Federal Government spent N2.34trillion out of a total sum of N3.25 trillion accrued revenue in 2020 on debt servicing, to put it mildly, shows a potent recipe for economic bankruptcy.

Phil F. Aragbada

Latest news today on debt

Nigeria’s macabre dance to global debt trap

Debt could trap low-income nations in poverty

Honestly, Nigeria’s debt burden is too heavy, Lawan admits

Nigeria not under any debt stress, DMO insists

More worries over borrowings, foreign reserves depletion

‘N50 billion Ogun debt not captured in handover note to Abiodun’

Expert seeks new economic model for debt reduction

Benue files stay of action order on N1.4b debt judgment at Supreme Court

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Debt of poorest countries hit record $744 bn in 2019

FG earmarks N3.12trn for debt service in 2021

Experts identify challenges as diaspora remittances Hit $114.07b In 7 Years

N940 million debt: AMCON takes over two firms

Debt burden suffocating Nigeria’s economic growth

Nigerian firm petitions Reps for N14 billion NAOC debt

‘How AMCON can meet its N5tr debt recovery target’

OPS demands account for N35tr debt in 10 years

AMCON seizes Lekki properties over N9.8b debt

AMCON seizes assets over N9.8 billion debt

Tanker chaos, flooding trigger fresh gridlock on Lagos port access route

I won't betray Nigerians' trust, reforms will deliver better future—Tinubu

Dikko clarifies FG's role in NPFL, seeks stronger collaboration

Lion's Gate portal offers season for reflection, renewal, Says Femi Jubal

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