Budget Deficits, Low Revenue To Blame For Rising Debts – DMO
The Debt Management Office (DMO) has said decades of operating budget deficits by successive governments were responsible for Nigeria’s high debt profile.
The Director-General of the DMO, Patience Oniha, said this to the News Agency...
Again, IMF Cautions Nigeria Against Rising Debts
The IMF Senior Resident Representative and Mission Chief for Nigeria, Mr Amine Mati, has said that Nigeria’s debt to gross domestic product ratio at 28 per cent has increased but is still below the average sub-Saharan Africa and...
World Bank Criticizes Nigeria , Others Over Rising Debts
The World Bank has raised the alarm over rising debts in African countries, including Nigeria.
While releasing ‘Africa’s Pulse’, a biannual analysis of African economies in Washington on Wednesday, the World Bank’s Chief Economist Africa, Albert Zeufack;...
