Debt Burden

N47.9tn 2025 Budget Unrealistic – Opposition Slams Tinubu’s Govt

Dec 20, 2024. by Praise Ben

Opposition parties criticized Tinubu’s N47.9tn 2025 budget as unrealistic and impractical. They flagged concerns over borrowing reliance, inflation targets, and poor implementation. Calls were made for transparent policies to tackle economic challenges effectively. The Coalition of United Political Parties (CUPP), Peoples Democratic Party (PDP), and New Nigeria Peoples Party (NNPP) have expressed strong reservations about … Read more

President-Elect Tinubu Inheriting A Colossal Debt Burden of N46.25 Trillion

Apr 25, 2023. by Praise Ben

Nigeria’s total debt stock has reached N46.25 trillion, which has mortgaged the country’s future through heavy obligations. The incoming President-elect, Asiwaju Bola Ahmed Tinubu, will inherit a daunting economic challenge with no apparent means of repayment for the colossal debt burden. To stabilize the economy and assure young Nigerians of hope in Nigeria, the incoming … Read more