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Nigeria’s debt profile troubling, Archbishop Onuoha warns

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Nigeria’s debt profile troubling, Archbishop Onuoha warns

By Chidi Nkwopara
OWERRI — The Anglican Archbishop of Owerri, Most Rev. David O. C. Onuoha, has expressed concern over Nigeria’s rising debt profile, questioning the Federal Government’s continued resort to borrowing amid the country’s economic challenges.

Onuoha raised the concern on Thursday while flagging off the Provincial Council meeting at St. Paul’s Anglican Church, Avutu, Obowo Local Government Area of Imo State.

He expressed concern over what he described as the willingness of the National Assembly to approve more borrowing requests by the present administration.

His words: “We are disturbed at the debt profile of Nigeria and the penchant, as well as willingness of ...

Source: Vanguard News

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