Nigeria's Future Mortgaged? Elders Sound Alarm on Debt

A prominent northern Nigerian group is urging citizens to oppose the government's borrowing. The Northern Elders Forum (NEF) has called the federal government's borrowing "reckless and unsustainable." It warned that Nigeria's economic future is being dangerously mortgaged. The forum made the statement from the capital, Abuja. It directly called on all Nigerians to speak out against the borrowing policies. The NEF argues that the current level of debt is a major threat to the country's long-term financial health.