Comments on: Experts warn of debt trap, sovereign default risk as Nigeria’s public debt surged over 1,000% in naira terms in 10 years  https://nairametrics.com/2025/06/24/experts-warn-of-debt-trap-sovereign-default-risk-as-nigerias-public-debt-surged-over-1000-in-naira-terms-in-10-years/ Destination for Business news and analysis from Africa's largest economy Tue, 24 Jun 2025 08:52:38 +0000 hourly 1 https://wordpress.org/?v=6.7.1 By: Jumbo https://nairametrics.com/2025/06/24/experts-warn-of-debt-trap-sovereign-default-risk-as-nigerias-public-debt-surged-over-1000-in-naira-terms-in-10-years/#comment-1093329 Tue, 24 Jun 2025 08:52:38 +0000 https://nairametrics.com/?p=517758#comment-1093329 We need to focus all their attention on bringing down the foreign exchange rates. Imagine what the value of the debts would look like if we could bring down the price of the exchange rates to half of what it is now?
It’s possible. The government just needs to focus on it seriously and work it out.

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