Nigeria’s N152tn debt largely inherited – Edun tells Senate.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has told the Senate that Nigeria’s current public debt stock of approximately N152 trillion is largely the result of liabilities inherited from previous administrations, as well as the impact of exchange rate adjustments on the country’s external obligations. Edun made the clarification while appearing before the Nigerian Senate Committee on Finance during the defence of the proposed 2026 […]