Rebuilding Public Trust in Government Borrowing: The Case for Scaling Up Sukuk Financing in Nigeria

The recent request by President Bola Tinubu to the National Assembly for approval to raise $20.52 billion and €1.045 billion in fresh external loans has once again brought Nigeria’s growing public debt burden into sharp focus. Although the President has justified the proposed borrowing on the grounds of the country’s enormous infrastructure deficit and the […]