Economists react as Nigeria’s borrowing hits N166.79tn, debt per citizen rises above N700,000

3 weeks ago

national revenue is directed toward servicing existing debt, it severely limits the government's capacity to invest in critical sectors like healthcare, education, and social safety nets.

* *Count check:* 3 sentences. Let's make it 4 to be safe and robust.

Nigeria, Africa's most populous nation, has historically struggled with low non-oil