Global·NewlyNewsGH

Nigeria’s Tinubu urges global finance overhaul as debt costs crowd out spending

GH · · MyJoyOnline Ghana

Nigeria will spend about $11.6 billion servicing its ‌debt in 2026, nearly half of its projected government revenue, President Bola Tinubu said, as he called for an overhaul of a global financial system he said penalises African borrowers.