The Minister of Foreign Affairs, Yusuf Tuggar, has stated that Nigeria’s debt-to-GDP ratio indicates the country is not among the most heavily indebted developing nations globally.
Tuggar made this remark during an interview with Channels TV on Sunday, where he discussed the outcomes of Nigeria’s participation in the recently concluded 79th session of the United Nations General Assembly (UNGA 79).
The Minister emphasized that Nigeria’s debt profile does not place the country in a precarious situation. He further noted that nations like China are even willing to extend more loans to Nigeria for infrastructure development and other projects.
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https://nairametrics.com/2024/09/30/debt-to-gdp-ratio-nigeria-not-among-critically-indebted-nations-says-foreign-minister/
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