The Presidency has cautioned Nigerians against denigrating President Bola Tinubu with baseless sovereign debt alarms.
President Bola Tinubu’s Special Adviser on Information and
Strategy, Bayo Onanuga, said the President and his economic team were
responsible leaders.
He was reacting to a post by @StatiSense listing Africa’s
most indebted countries in 2026.
It posted: “Africa’s most indebted countries – 2026. Public
debt as % of GDP.
“Sudan — 169.1%
“Senegal — 132.3%
“Mozambique — 106.1%
“Cabo Verde — 95.9%
“Republic of Congo — 91.3%
“Egypt — 87.0%
“Mauritius — 86.5%
“Gabon — 86.1%
“Tunisia — 84.9%
“South Africa — 78.9%
“Nigeria — 35.5%
“Several African economies carry public debt approaching or
exceeding the size of their annual economic output.
“Sudan stands out at 169.1% of GDP, meaning its government
debt is estimated at roughly 1.7 times the size of its economy. #Statisense
(IMF).”
Reacting, Onanuga commended Tinubu and his economic team for
the feat.
He posted on X: “Another stubborn fact for those whose stock
in trade is to denigrate Nigeria and the Tinubu presidency and raise baseless
alarms about our sovereign debt.
“Our country is not among Africa’s most indebted countries.
Unlike the countries listed here, our debt burden is about 35 per cent of our
GDP. Kudos to PBAT and the economic team for responsible leadership.”
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com