Borrowing $2.2bn Will Worsen Nigeria’s Debt Burden — Experts

…Say Borrowing Will Be Stumbling Block To Economic Recovery The proposal of an additional $2.2 billion in external borrowings in the 2025 bud­get will further complicate Nigeria’s debt profile, analysts have said. The breakdown of the proposal shows that the $2.2 billion financing programme is made up of access to the international capital market for […]