Nigeria’s total foreign debt as at March, this year stood at $40 billion, increasing from $38.4 billion last December; domestic debt also rose from N23.7 trillion to N25 trillion within the same period.
Such levels of debt, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) said, had become unsustainable.
NACCIMA National President Ide John C. Udeagbala…