BEARS & BULLS
BEARS: Nigeria’s Mountain Of Debts!
The latest report from the Debt Management Office ( DMO),shows that
Domestic debt has pushed Nigeria’s total public debt stock from N41.60tn as of March 2022 to N42.84tn as of June of the same year, showing an increase of N1.24tn in three months.
The irony of it all, is that while the debts are mounting ,the Citizenry are further deeply enmeshed in abject poverty and penury.What an irony! Borrow, borrow nation.Na waooooo!!!