The Public Debt Burden in Nigeria
Nigeria borrows in public but accounts for this in private. For most of our debts, the public records stop at the level of approval.
Nigeria borrows in public but accounts for this in private. For most of our debts, the public records stop at the level of approval.
Nigeria does not suffer from an absence of institutions. We suffer from institutions that exist without the metamorphosis needed for real development.
Nigeria's parties make identical promises, and that uniformity is easily mistaken for a shared ideology. In my view, they hold no ideology at all, only commitments extracted by the country's deprivation, which none of them is prepared to defend.