EPISODE · Sep 28, 2023 · 14 MIN
Why Nigeria Will Keep Borrowing
from Nigeria Daily · host Mardia Umar
In its bid to end the vicious cycle of borrowing for public expenditure as promised by Bola Ahmed Tinubu, the president has now collected a debt of 1.6 trillion naira from the World Bank in the last 4 months.Is it possible to truly end borrowing? Will Nigeria crumble if it keeps borrowing?In this episode of Nigeria Daily, we look at why the government would keep borrowing and how this will affect the country.
What this episode covers
In its bid to end the vicious cycle of borrowing for public expenditure as promised by Bola Ahmed Tinubu, the president has now collected a debt of 1.6 trillion naira from the World Bank in the last 4 months. Is it possible to truly end borrowing? Will Nigeria crumble if it keeps borrowing? In this episode of Nigeria Daily, we look at why the government would keep borrowing and how this will affect the country.
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Why Nigeria Will Keep Borrowing
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