You are here
Home > debt

FG defends debt borrowing

Ogundele Sujimoto’s one wish

The federal government has defended the country’s position with regards to  foreign borrowing which the International Monetary Fund IMF listed the vulnerability to foreign debt as one of the major threats to economic growth amongst African countries, especially in the sub-Saharan group which includes Nigeria.
Continue reading FG defends debt borrowing at Vanguard News. …

Bayelsa debt profile: Dickson, Lokpobiri disagree

Bayelsa debt profile: Dickson, Lokpobiri disagree

Governor Seriake Dickson of Bayelsa and Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri have expressed divergent views on the debts owed by the state. The minister had alleged that the Dickson-led administration had incurred the N800 billion domestic and 216 million dollars external from 2012 till date in spite of getting […] …

Chinese loans not debt trap – Buhari

Chinese loans not debt trap – Buhari

“Our country is able to repay loans when due in keeping with our policy of fiscal prudence and
The post Chinese loans not debt trap – Buhari appeared first on – The Sun News. …

Debt, debt, debt everywhere and yet more debt

Oyo RTEAN hails court verdict in its favour to own, operate motor parks

ON May 22 this year,  the International Monetary Fund’s, Resident Representative for Nigeria, Amine Mati, expressed concern over Nigeria’s capacity to sustain a debt burden which has, reportedly almost double from N12.12 trn in June 2015 to N21.75 trn by December 2017.
The post Debt, debt, debt everywhere and yet more debt appeared first on Vanguard News. …

Top