Revamping Nigeria’s strategy to curb rising debt

Data from the National Bureau of Statistics shows the Nigerian government deducted over 415 billion naira from state government allocations to service external loans. Meanwhile, data from the Debt Management Office of Nigeria shows the country’s debt rose to 97.34 trillion naira in the fourth quarter of 2023. Paul Alaje, Senior Economist at SPM Professionals joins CNBC Africa to discuss these and more.
Tue, 26 Mar 2024 11:46:59 GMT