UN Worried Over Nigeria's Rising Debt Level
File: President Muhammadu Buhari

The United Nations (UN) Deputy Secretary-General Amina Mohammed has expressed worries over Nigeria’s rising debt level despite what the Peoples Democratic Party-led government did.

Mohammed, a former minister under the President Muhammadu Buhari government, noted this on Tuesday at the International Monetary Fund and the UN Working Together Conversation programme.

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According to her, “the debt issues are really big. I mean, having experienced what it was for Ngozi (Okonjo-Iweala) to get debt relief.

“It took her a few years to convince people, and we are now back again in my country, with a level of debt that is worrying.”

She lamented that “It’s happening all over. Africa, is that the way we want to go?

“I think we really need to sit down and have a better conversation about all the tasks of a growing economy that needs to be inclusive; it needs to succeed because stability is needed more than ever today across our countries and where we are working.”