Former Vice President Atiku Abubakar has decried Nigeria’s debt burden, saying the country is spending more on debt servicing this year than its combined budget for education and youth development.
Mr Abubakar, who was the candidate of the Peoples Democratic Party in the 2019 presidential election, said the debt servicing is having an adverse effect on the country’s development. “How did this happen? How could an administration double our national debt from ₦12 trillion in 2015 to ₦24.9 trillion today and still have no tangible evidence of development to show for it?”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Atiku Abubakar is a true Nigerian, says witness | The Guardian Nigeria News - Nigeria and World NewsLed in evidence by Atiku’s lead counsel, Chris Uche, he informed the tribunal that Atiku’s record at his former secondary school was not confidential and could be accessed by anyone who doubted his nationality. Nigeria
Source: GuardianNigeria - 🏆 1. / 94 Read more »
JUST IN: Presidential election tribunal summons INEC chairman, Zamfara REC - Premium Times NigeriaThe PDP and its presidential candidate, Atiku Abubakar, are challenging the victory of President Muhammadu Buhari
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Atiku Vs Buhari: Court Orders INEC To Produce Documents Requested By PDP | Sahara ReportersThe order was given on Wednesday at the resumed hearing of the petition by PDP and its presidential candidate, Atiku, challenging the victory of President Muhammadu Buhari in the February 23, election.
Source: SaharaReporters - 🏆 9. / 63 Read more »
Atiku reacts to Makarfi's death - Daily Post NigeriaThe presidential candidate of the Peoples Democratic Party, PDP, in the last election, Alhaji Atiku Abubakar, has reacted to the death of Malam Muhammad Ma
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Seyi Makinde: Atiku reacts to Oyo Governor’s assets declaration - Daily Post NigeriaFormer Vice President, Atiku Abubakar, has reacted to Oyo State Governor, Engineer Seyi Makinde’s assets declaration. DAILY POST had reported that Makinde
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Nigeria To Spend N2.5Trn To Service Debt In 2019 – Atiku***Raises Alarm Over Nigeria’s Independence Former Vice President, Atiku Abubakar has declared that Nigeria would have spent ₦2.5 trillion on debt servicing by the end of 2019, a figure which be said is more than the country’s capital budget. Atiku, in a statement by his media aide, Paul Ibe, warned that the deeper the country […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »