The house of representatives has resolved to probe Nigeria’s debt profile which lawmakers say is at an “alarmingly high” rate. The lawmakers made the resolution while adopting a motion introduced by The post Reps probe Nigeria’s ‘alarmingly high’ N22trn debt profile appeared first on TheCable.
Tag: Debt
Global debt at all-time high of $184trn, says IMF
Oniha: Global market volatility affected Nigeria’s debt profile
Patience Oniha, director-general, Debt Management Office (DMO), says volatility in the international market affected Nigeria’s debt profile. Oniha made the remark during a presentation by the International Monetary Fund (IMF) The post Oniha: Global market volatility affected Nigeria’s debt profile appeared first on TheCable.
BudgIT: $10bn rise in public debt stock is not a full story
Reps approve Buhari’s $2.786bn Eurobond request but ask FG to limit borrowing
The house of representatives has approved the $2.786 billion loan request of President Muhammadu Buhari for part funding of the 2018 budget. The lower legislative chamber also approved $82.54 million The post Reps approve Buhari’s $2.786bn Eurobond request but ask FG to limit borrowing appeared first on TheCable.
FG defends debt borrowing
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. …
Ekiti debt profile hits N120bn as Fayose bows out
Oniha: FG working on ways to avoid debt crisis
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 […] …
