May 29 transition: Concerns as Buhari govt pass on N46trn debts to Tinubu
President Muhammadu Buhari would pass on the N46.25 trillion debt burden to the incoming government.
According to the Debt Management Office, DMO, Nigeria’s total debt stock has hit 46 trillion.
Despite the dust already caused by the heavy existing debt burden, the government said it had received approval from the World Bank on another N369 billion loan ahead of the fuel subsidy removal in June 2023.
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