{"id":178298,"date":"2025-09-10T12:12:23","date_gmt":"2025-09-10T11:12:23","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/tinubu-projects-fail-to-justify-nigerias-high-debt"},"modified":"2025-09-10T13:10:53","modified_gmt":"2025-09-10T12:10:53","slug":"tinubu-projects-fail-to-justify-nigerias-high-debt","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-projects-fail-to-justify-nigerias-high-debt","title":{"rendered":"Tinubu Projects Fail to Justify Nigeria&#8217;s High Debt"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>Economist, Prof. Akpan Ekpo, has said Nigeria\u2019s rising debt profile is not justified by projects undertaken so far under President Bola Tinubu\u2019s administration.<\/p>\n<p>Speaking on Arise Television\u2019s Morning Show on Wednesday, Ekpo said he had yet to see projects that warrant the current debt levels.<\/p>\n<p>He, however, noted that if borrowings were directed towards infrastructure such as power, which could create jobs and stimulate the economy, it would be a positive step.<\/p>\n<p>Ekpo stressed that loans must be transparent and tied strictly to projects that add value and strengthen the domestic economy against external shocks.<\/p>\n<p>\u201cI have not seen projects under the Tinubu Administration that justify Nigeria\u2019s high debt rate for now.<\/p>\n<p>\u201cHowever, if this administration is borrowing for infrastructure like power, that can create jobs and boost the economy that will be a positive step.<\/p>\n<p>\u201cBorrowings must be transparent and strictly for projects with value that can enable us build a strong domestic economy that can resist external shocks,\u201d he said.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Economist, Prof. Akpan Ekpo, has said Nigeria\u2019s rising debt profile is not justified by projects undertaken so far under President Bola Tinubu\u2019s administration. Speaking on Arise Television\u2019s Morning Show on Wednesday, Ekpo said he had yet to see projects that warrant the current debt levels. He, however, noted that if borrowings were [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":178297,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,29,28,2660],"tags":[254,945],"class_list":["post-178298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-to-homepage","tag-nigeria","tag-tinubu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tinubu Projects Fail to Justify Nigeria&#039;s High Debt - Nigeria<\/title>\n<meta name=\"description\" content=\"Economist, Prof. Akpan Ekpo, has said Nigeria\u2019s rising debt profile is not justified by projects undertaken so far under ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-projects-fail-to-justify-nigerias-high-debt\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tinubu Projects Fail to Justify Nigeria&#039;s High Debt\" \/>\n<meta property=\"og:description\" content=\"Economist, Prof. Akpan Ekpo, has said Nigeria\u2019s rising debt profile is not justified by projects undertaken so far under ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-projects-fail-to-justify-nigerias-high-debt\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-10T11:12:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-10T12:10:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/09\/sm_1757493846.489516.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1556\" \/>\n\t<meta property=\"og:image:height\" content=\"1110\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-projects-fail-to-justify-nigerias-high-debt#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-projects-fail-to-justify-nigerias-high-debt\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Tinubu Projects Fail to Justify Nigeria&#8217;s High Debt\",\"datePublished\":\"2025-09-10T11:12:23+00:00\",\"dateModified\":\"2025-09-10T12:10:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-projects-fail-to-justify-nigerias-high-debt\"},\"wordCount\":187,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-projects-fail-to-justify-nigerias-high-debt#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/09\/sm_1757493846.489516.jpg\",\"keywords\":[\"Nigeria\",\"Tinubu\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\",\"homepage-english\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-projects-fail-to-justify-nigerias-high-debt#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-projects-fail-to-justify-nigerias-high-debt\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-projects-fail-to-justify-nigerias-high-debt\",\"name\":\"Tinubu Projects Fail to Justify Nigeria's High Debt - 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