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Tinubu Seeks Global Finance Reforms Amid Rising Debt
May 13, 2026May 13, 2026by In NewsNigeria

Tinubu Seeks Global Finance Reforms Amid Rising Debt

Nigeria will spend about $11.6 billion servicing its debt in 2026, nearly half of projected government revenue, President Bola Tinubu said as he called for an overhaul of a global financial system he said penalises African borrowers. Debt-servicing costs are crowding out spending on infrastructure, healthcare and education, Tinubu said, despite a government tax overhaul...

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