Economy
Public Debt
The problem
Nigeria's public debt exceeded ₦121 trillion by mid-2024, with debt servicing consuming over 90% of federal revenue at peak.
Obi's position
Cap borrowing to productive infrastructure, eliminate fiscal leakages, run a leaner federal government, and renegotiate non-concessional Chinese and commercial debt.
“We cannot borrow our way to prosperity. We must produce our way out of poverty.”
- Peter Obi, 2023 Manifesto
Make the case real.
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