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“Nigeria’s Challenge Is Low Revenue, Not High Debt” – World Bank Business

“Nigeria’s Challenge Is Low Revenue, Not High Debt” – World Bank

Published: Jul 5, 2026 | ⏱ 1 min read | 👁 12 views | Author: NaijaChoice News

The World Bank has said Nigeria’s biggest fiscal challenge is weak revenue mobilisation rather than excessive borrowing, urging the government to prioritise efforts to boost revenue generation to support sustainable economic growth. Speaking during an interview on Channels Television on Friday, the World Bank Country Director for Nigeria, Mathew Verghis, said Nigeria’s debt profile remains […]

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