The Federal Government of Nigeria has continued to depend on borrowing to finance its budget for many years. Below is a snapshot of how the Federal Government’s debt has increased since 1999, when the country transitioned from military to civilian rule. Its debt has grown the most under Preside
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Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.

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