NESG Warns of Persistent Debt Risks As Public Debt-to-GDP Hits 40.6%

The Nigerian Economic Summit Group (NESG) has raised alarm over Nigeria’s escalating debt burden, cautioning that the country faces persistent risks despite superficial signs of fiscal stabilisation. In its latest debt monitoring report, the policy advocacy group highlighted that Nigeria’s public debt-to-GDP ratio surged to 40.6 per cent in 2024, underscoring ongoing reliance on borrowing […]

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