Former presidential candidate Peter Obi has criticised Nigeria’s growing debt profile, saying the country’s current borrowing trajectory reflects a debt without growth dilemma and stands in stark contrast to the economic progress achieved by Bangladesh. His comments drew on recent World Bank debt data and underscore deep concerns over how borrowed funds are being used.
In a post on X, Obi said Nigeria has become the third-largest debtor to the World Bank’s International Development Association (ID
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