Tag: Debt

N200tn borrowed without accountability ―Obi blasts Tinubu over Nigeria’s rising debt

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Peter Obi, the 2027 presidential candidate of the Nigeria Democratic Congress (NDC), has criticised President Bola Tinubu’s administration over what he described as excessive borrowing and poor fiscal accountability. Obi said Nigeria’s total public debt has risen to about N200 trillion, which he attributed to what he called “imprudent governance” under the current administration. The […]

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Hardship is rising, insecurity worsening, debt is mounting, and hope is fading under your govt ―ADC responds to Tinubu

Bode DoluLeave a Comment on Hardship is rising, insecurity worsening, debt is mounting, and hope is fading under your govt ―ADC responds to Tinubu

African Democratic Congress (ADC) has warned President Bola Tinubu to be concerned about a possible electoral defeat in 2027, saying that widespread hardship and worsening living conditions have eroded public confidence in his administration’s policies. The ADC, in a statement issued on Friday by its National Publicity Secretary, Bolaji Abdullahi, said Tinubu appears increasingly detached […]

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Nigeria’s World Bank debt rising to $9.65bn

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Loans from the World Bank to Nigeria between 2023 and 2025 are projected to reach $9.65bn by the end of this year as fresh approvals, ongoing negotiations, and disbursements gather pace across key sectors. The amount covers International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA) loans only, according to an analysis […]

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Many Nigerian celebrities are in debt ―Reality star, Jenni O

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Former Big Brother Titans (BBT) reality TV star, biopharma, music connoisseur, podcast host, presenter and entrepreneur, Jenni Okoro, simply called Jenni O, has said many Nigerian celebrities have gone into debt trying to maintain expensive lifestyles to impress fans. She blamed the fans for their high expectations of celebrities, adding that a lot of celebrities […]

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Okonjo-Iweala got Nigeria out of debt, we are back in it –Buhari’s former minister (Video)

Bode DoluLeave a Comment on Okonjo-Iweala got Nigeria out of debt, we are back in it –Buhari’s former minister (Video)

The deputy secretary-general of the United Nations (UN), Amina Mohammed, says the two-time minister of finance, Ngozi Okonjo-Iweala, spent years to get Nigeria out of debt. She, however, said the country was now back to worrying levels of debt. A video published by the International Monetary Fund, (IMF) on Wednesday shows Amina Mohammed, the immediate […]

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