Nigeria In Needs Of Help To Tackle Debt Burden

26 de sep. de 2022 · 50s
Nigeria In Needs Of Help To Tackle Debt Burden
Descripción

The president of the African Development Bank, Akinwumi Adesina, says Nigeria needs help in tackling its debt burden. He says financing was critical to solving Nigeria’s development challenges. He says...

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The president of the African Development Bank, Akinwumi Adesina, says Nigeria needs help in tackling its debt burden.
He says financing was critical to solving Nigeria’s development challenges.
He says financing is critical because the debt to GDP ratio of Africa has increased to 70 percent several countries are the risk of high debt distress due to unstable, unsustainable debt levels.
He further stressed that Nigeria and other African countries needed debt relief.
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