Oye raises the alarm over rising debts, says Tinubu’s N65.9trn 2-year borrowing dwarfs 55-year debt record

Dele Oye, the Chairman of the Alliance for Economic Research and Ethics LTD/GTE, has expressed concern regarding Nigeria's increasing debt levels. He highlighted that the N65.9 trillion borrowed by President Bola Tinubu within a span of two years significantly surpasses the nation's total borrowing of approximately N12 trillion accumulated over the past 55 years. Oye's remarks underscore the urgency of addressing the country's escalating debt profile and its potential implications for the economy.

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