Tinubu’s Fiscal Strategy Keeping Nigeria Off Top Global Debt List – Jimoh Ibrahim
Naija News • 1h ago
The Senator representing Ondo South Senatorial District and a business management strategist, Dr Jimoh Ibrahim, has said Nigeria is not among the world’s most indebted nations, describing the country’s current fiscal outlook as evidence of disciplined economic management under President Bola Tinubu.
Ibrahim, who is also an Ambassador-designate, stated this while reacting to ongoing debates over Nigeria’s debt profile and borrowing pattern, noting that contrary to earlier projections by critics, the Tinubu administration has not embarked on excessive borrowing.
According to him, global economic data show that several advanced and emerging economies currently top the list of the world’s most indebted countries in terms of debt-to-GDP ratio, while Nigeria does not fall within that bracket.
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