Nigeria must prioritise debt for infrastructure, not consumption – Alaje
Mr Alaje, a senior economist at SPM professionals, highlighted that over the past 10 to 15 years, Nigeria’s borrowing has grown at an average of 20 per cent annually, yet GDP growth remained below 3 per cent, showing that borrowed funds have not significantly stimulated the economy. “We must ensure ...
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Verified on Nov 12, 2025