Amid Growing Concern, Presidency Defends Borrowing Policy

Leadership | 10-09-2025 06:38pm |

The Presidency has defended Nigeria’s current debt profile, insisting that borrowing remains a legitimate instrument of economic growth and reform, not evidence of financial recklessness. This came a day after the leadership of the National Assembly – Senate President Godwin Akpabio and House of Representatives Speaker, Tajudeen Abass, cautioned against unchecked borrowing by African leaders.

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