Tag: Buhari, DEBTS
Buhari’s huge parting debt profile
By Eric Teniola The outgoing President, Muhammadu Buhari GCFR has made sure he is leaving a huge debt profile of eighty trillion naira when he leaves THE VILLA on...
PENGASSAN express concerns over Nigeria’s N77trn debt
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday in Abuja expressed concerns over Nigeria’s N77 trillion public debt....
$53million debt:Emefiele wants court to set aside order for his appearance
The Governor of the Central Bank of Nigeria, (CBN), Mr. Godwin Emefiele, has asked the Appeal court to set aside an order of a lower court compelling his...
Nigeria: A nation swimming in debt
By Kazeem Akintunde Nigeria is presently reeling under the yoke of a heavy debt burden. Those managing the economy may paint a false picture of a rosy nation but...
N77trn debt awaits Buhari’s successor
President Muhammadu Buhari will be leaving a debt stock of over N77 trillion for the incoming government. The current debt stands at N44.06 trillion. While...
World Bank, IMF to assess Nigeria’s Debt sustainability
…….We want to restructure our debts says finance Minister The President of the World Bank Group, David Malpass, has said that the bank will work with the...
Nigeria to spend 92.2% of revenue on debt servicing-IMF
International Monetary Fund (IMF) has said the Federal Government could spend as much as 92.6 per cent of its revenue on debt servicing this year. This is contained in...
Experts apprehensive over FG’s N50trn debt profile
..As govt plans to borrow additional N13 billion in two years The Federal Government plans to push its public debt stock to N50.22tn by 2023, with domestic debt at...
Senator blames Nigeria’s debt burden on past administrations
Chairman of the Senate Committee on Finance, Senator Solomon Olamilekan Adeola, made earth shattering revelations on Wednesday during consideration of the 2022-2024...
Indebtedness to FG: MTN opens up
…Says it has not defaulted MTN Nigeria Communications Plc has clarified an alleged indebtedness to the Federal Government of Nigeria in respect to...
