<img src="https://cdn.businessday.ng/wp-content/uploads/2026/02/Joseph-Tegbe-1-large.png" alt="55 years of partnership and the new dawn in China–Nigeria bilateral relations" srcset="https://cdn.businessday.ng/wp-content/uploads/2026/02/Joseph-Tegbe-1-medium.png 300w, https://cdn.businessday.ng/wp-content/uploads/2026/02/Joseph-Tegbe-1-534x305.png 534w, https://cdn.businessday.ng/wp-content/uploads/2026/02/Joseph-Tegbe-1-284x162.png 284w, https://cdn.businessday.ng/wp-content/uploads/2026/02/Joseph-Tegbe-1-254x145.png 254w, https://cdn.businessday.ng/wp-content/uploads/2026/02/Joseph-Tegbe-1-210x120.png 210w, https://cdn.businessday.ng/wp-content/uploads/2026/02/Joseph-Tegbe-1-100x57.png 100w, https://cdn.businessday.ng/wp-content/uploads/2026/02/Joseph-Tegbe-1-285x163.png 285w, https://cdn.businessday.ng/wp-content/uploads/2026/02/Joseph-Tegbe-1.png 700w" loading="lazy" sizes="(max-width: 700px) 100vw, 700px" class=" pl" /><p>Years of weak revenue generation and dependence on borrowing to finance public spending drove the federal government to embark on</p>
<p>read more <a href="https://businessday.ng/news/article/nigerias-weak-tax-system-forced-heavy-borrowing-says-tegbe/">Nigeria’s weak tax system forced heavy borrowing, says Tegbe</a></p>