Nigeria: Atiku raises concerns over N24.7trn domestic borrowing amid higher oil prices

Former Vice President Atiku Abubakar has expressed concern over the Federal Government’s level of domestic borrowing, noting that it may be limiting credit available to Nigerian businesses at a time of rising oil prices.

Reacting on Monday through his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku said the borrowing trend deserved public scrutiny given improvements in oil revenue in 2026.

“At the beginning of this fiscal year, the Federal Government…