Nigeria: Analysts Cautious On Nigeria's Higher Debt Ceiling, Say Revenue Gaps Remain Bigger Risk

Nigeria: Analysts Cautious On Nigeria's Higher Debt Ceiling, Say Revenue Gaps Remain Bigger Risk

Nigeria's decision to revise its Medium-Term Debt Management Strategy (MTDS) for 2024-2027 has stirred mixed reactions among analysts, who acknowledge the need to adapt borrowing plans to prevailing realities but warn that the higher debt ceiling could expose the economy to greater vulnerabilities if revenue mobilisation remains weak.