Review Of Various Concerns On Nigeria's Rising Debt Profile And Its Economic Impact
Watch the CEO of Finance With Muktar, Muktar Mohammed as he discusses Nigeria's rising debt profile as her total public debt stock rose from N33.11tn as of March 31, 2021 to N35.47tn as of June 30, 2021.
As at May 2021, Nigeria's debt service to revenue ratio was pegged at 98% and this surge in the nation’s debt burden with its attendant impact on debt servicing costs is raising concerns on debt sustainability.
#NigeriaDebtProfile #NigeriaEconomy #TVCBreakfast #TVCNews #NewsUpdate
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