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Debts-1

Nigeria’s debt service trap

There  is no doubt that spending so much on debt servicing will threaten Nigeria’s fiscal stability. With a 60 per cent debt-service-to-revenue ratio and over N15 trillion committed to debt servicing in 2026, representing 53.7 per cent of federal revenue this year, Nigeria is walking a tightrope as public gross debt consumes about 36 per cent of the country’s gross domestic product (GDP). These are signs that Nigeria is not making significant progress in fiscal transparency. The high debt service costs are narrowing and draining fiscal space for critical infrastructure such as healthcare, education and other development priorities.   

17th August 2026

Sanwo-Olu

Addressing shortage of doctors and nurses in Nigeria

The recent revelation by Governor Babajide Sanwo-Olu of Lagos State that the state has shortage of about 40,000 doctors and about 40,000 nurses has further underlined the gravity of the…

16th August 2026

INEC

INEC and demilitarisation of elections

As the 2027 general election is fast approaching, the Chairman of the Independent National Electoral Commission (INEC), Professor Joash Amupitan, has stated that only the police will be deployed to…

15th August 2026

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BROKEN TONGUES – Amanze Obi – 2

As the campaigns begin

The campaigns are set to begin. In a couple of days, the presidential contenders and their political parties…

17th August 2026

BROKEN TONGUES – Amanze Obi – 2

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