In January 2019, Nigeria’s government crossed a financial rubicon, but hardly anyone seemed to notice. That month it emerged that the federal government had borrowed N6.16 trillion from Nigeria’s total pension fund assets worth N8.499 trillion in the 2018 financial year. Let me rephrase that for
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Socio-Political Affairs

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp