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Next Level: 2021 budget serviced by Debt!
Cash-strapped, and faced with limited options, the Federal government (FG) will once more rely on borrowing to fund the 2021 budget deficit.
Nigeria’s Huge Debt Stock: Financial liabilities and a Broken National Security
It is said that local and external debts are not altogether bad in themselves except they are used to fund unproductive investment or productive ventures that are not managed efficiently. Unfortunately, for a country as Nigeria, the exception is the case.