Tribune Online
Nigeria’s N134.3trn debt overhang: Servicing costs undermine private investments, economic growth
The Nigerian government’s efforts to finance its 2024 budget deficit have blown its debt sky-high to N134.3 trillion, a staggering 3.88 percent of Gross Domestic Product (GDP) with debt-servicing suffocating the nation’s economic growth. Meanwhile, experts are warning of a negative relationship between debt burden and economic growth. Economic and finance experts are concerned […]
Nigeria’s N134.3trn debt overhang: Servicing costs undermine private investments, economic growth
Tribune Online