Nigeria’s Debt Service to Revenue Ratio Is Alarming, Okonjo-Iweala Warns
Former Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala has said that Nigeria’s current debt service to revenue ratio is alarming and not sustainable.
Okonjo-Iweala, who is also a Senior Adviser at the World Bank, stated this in Washington DC during the on-going Spring Meetings of the World Bank and the International Monetary Fund (IMF).