Atiku tackles Buhari over rising Nigeria debt - Premium Times Nigeria

Former Vice President Atiku Abubakar has decried Nigeria’s debt burden, saying the country is spending more on debt servicing this year than its combined budget for education and youth development.

Mr Abubakar, who was the candidate of the Peoples Democratic Party in the 2019 presidential election, said the debt servicing is having an adverse effect on the country’s development. “How did this happen? How could an administration double our national debt from ₦12 trillion in 2015 to ₦24.9 trillion today and still have no tangible evidence of development to show for it?”

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Nigeria To Spend N2.5Trn To Service Debt In 2019 – Atiku***Raises Alarm Over Nigeria’s Independence Former Vice President, Atiku Abubakar has declared that Nigeria would have spent ₦2.5 trillion on debt servicing by the end of 2019, a figure which be said is more than the country’s capital budget. Atiku, in a statement by his media aide, Paul Ibe, warned that the deeper the country […]
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