Nigeria deeply in debt – Buhari

Vice President Yemi Osinbajo had estimated the country’s debts stood at some US$60 billion on the handover of power three weeks ago.

Former finance minister Ngozi Okonjo-Iweala has rejected the claim, and indications since the figure could be even higher, saying the debt was much lower and most of it was incurred by states, rather than the federal government.

Source: AFP

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