Buhari, not Tinubu, was Nigeria's highest borrower since 1999: Report

Amidst ongoing criticism of President Bola Tinubu's administration for continuous borrowing, a report by the policy and communications group Think Business Africa has identified former President Muhammadu Buhari as the largest borrower in Nigeria since 1999. The findings aim to shift the focus of the debate surrounding the nation's debt.

The report, originating from Vanguard in Nigeria, directly addresses concerns about the current administration's borrowing habits. By presenting Buhari as the highest borrower during the democratic era, the group seeks to reframe the narrative and provide a historical context to Nigeria's debt situation.

This analysis comes at a time when the Tinubu administration faces scrutiny over its fiscal policies and increasing national debt. The findings by Think Business Africa offer a counterpoint to the prevailing criticisms, suggesting that borrowing patterns have been a consistent feature across different administrations.