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The outcry against plans by @NigeriaGov @MBuhari to borrow in order to finance infrastructure underlines the need for citizens' engagement on national issues

If the request is granted by the lenders, we could keep servicing our Chinese loans till 2040
Interestingly, over a quarter of Nigeria’s N10.59 trillion 2020 budget (N2.7 trillion), goes into debt servicing, exceeding N2.4 trillion appropriated for capital expenditure
premiumtimesng.com/news/380677-as…
@chonsyy
@DokunOjomo
@HAHayatu
@FinPlanKaluAja1
#MondayMotivation
#TheDiscuss
Meanwhile, Nigeria's total debt is $108bn, even though 15% of the debts are owed by state govts
nairametrics.com/2020/03/07/lcc…
What do the these numbers mean?
What impact do loans like this have on the wellbeing of citizens?
Are there alternatives to these unending debts?
#TheDiscuss
Nigeria's Rising Debt Profile: Implications on Citizens is our focus today as we discuss the controversial approval of a  $22.7bn by @NGRSenate, with @SegunAndrews
Good morning sir & welcome to #TheDiscuss
@osita_chidoka
@knightofdelta
@Kabir_Kb1
@iykimo
@olusogaowoeye
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