Business Hilights

Tracking Nigeria's Headline Business News Online

Tinubu Bola Ahmed
Banking/Investments

Shehu Sani Flags Nigeria’s Debt to GDP as it Crosses 50%

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Vociferous former Senator of the Federal Republic and social influencer, Mr. Shehu Sani has raised the red flag against the rising debt to GDP ratio in Nigeria which is currently crossing 50 percent.

According to him in a terse comment on X (formally twitter), he averred that “Debt to GDP ratio crossing the 50 percent mark is a disturbing signal for the economy.”

Continuing, he warned that “Getting into the trap of IMF and World Bank is easier than getting out of it.Debt slavery is on the horizon. We must be careful.”

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