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Naira depreciation, not fresh borrowing, drove debt surge — Oyedele
According to the finance minister, exchange-rate revaluation and the recognition of inherited liabilities account for much of the increase in Nigeria’s public debt.
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thisdaylive.com
Finance Minister: Tinubu Hasn’t Borrowed Up to N80tn, Debt Rise Driven by Exchange Rate, Legacy Liabilities
• Says FG generated N21.6tn tax revenue in six months as economy rebounds, reserves hit 17-year high
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vanguardngr.com
FG: Nigeria’s debt figures inflated, Tinubu administration has not borrowed ₦80trn
By Henry Umoru ABUJA — The Federal Government has dismissed claims that the administration of President Bola Ahmed Tinubu has borrowed close to ₦80 trillion within its first three…
