20 Governors Borrow ₦458 Billion Amid Rising Debts
A new report has revealed that 20 state governors borrowed a combined ₦458 billion within the first six months of 2024, raising fresh concerns about Nigeria’s debt profile. The loans were reportedly taken to fund infrastructure projects, clear backlogs of salaries, and sustain state budgets amid dwindling revenue. Analysts warn that the rising debts of […]