An opinion piece questioning Nigeria's borrowing practices and fiscal responsibility, arguing that excessive debt-taking without viable repayment plans damages the economy and contributes to the country's below-investment-grade credit ratings.

Premium Times

…taking a loan in the understanding that one may kick the repayment can down the road is not just irresponsible. It is one major drawback of our economy. Little wonder, then, that the major credit rating agencies continue to rate Nigeria below “investment grade” as an investment destination. There is nothing intrinsically wrong with borrowing […]
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