Nigeria caught in borrowing web as deficit surges 984% in 11 years

    Oluwatobi Ojabello | Top Stories | Jan 27, 2026    
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Nigeria has been caught in a borrowing web in the last decade as the budget deficit widened from N2.2 trillion in 2016 to N23.85 trillion in 2026, representing a 984 percent increase in 10 years.

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