Nigeria's Debt Spike and State Police Bill Dominate Week's Headlines

Nigeria’s federal government saw its borrowing swell to N12.62 trillion, overshooting the approved ceiling and pushing the debt‑to‑GDP ratio to about 61 %. Economists warned that the surge could spur inflation, currency pressure and long‑term debt‑service challenges.

The House of Representatives passed a state police bill that would allow individual states to set up and manage their own police forces, a move hailed by supporters as a security boost but criticised by opponents for potential political misuse.

The Economic and Financial Crimes Commission faced criticism after proposing to run an in‑house auction for seized vehicles, raising concerns over transparency and possible conflicts of interest.

In sport, Nigeria’s Super Falcons opened their WAFCON campaign against Malawi, chasing a record‑extending 11th title, while a surprising sports upset added to the week’s drama.

Entertainment highlights included Burna Boy and Shakira’s collaboration “Dai Dai” staying at No. 1 on Billboard’s Global chart and the launch of Big Brother Naija’s eleventh season.