The rate at which Nigeria’s debt is increasing is so alarming. We believe that before APC/President Bola Tinubu’s government leaves office, an unimaginable amount of money may have been incurred. This should be a concern to all Nigerians, because if, in the space of three months, according to the debt management office in Nigeria, over […]
The Viewers Corner News correspondent in Abuja (Nigeria) gathered that the Chinese authorities are not showing any interest anymore in lending money to Nigeria. Perhaps as a result of the Nigerian government not being able to fulfill its part of the loan agreement. The Viewers Corner News team is yet to get the full details
Some Nigerians who spoke to Viewers Corner News correspondent in Abuja and Lagos said that Bukola Saraki’s senate leadership was better than Ahmad Lawan Senate leadership. Although there were many corruption issues during Saraki’s tenure, including padding of the budget as alleged, which has always been there in the National Assembly of Nigeria, most Nigerians
Nigeria’s debt, as it stands now, may not be repaid in a lifetime. The incoming government may also borrow, thereby adding to the existing debt. There is nothing wrong with borrowing money to finance viable projects that would bring growth to the economy of a country. When such projects are completed and profit starts coming
