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COVID-19 made borrowing imperative for Nigeria – DMO

Francis Ajuonuma with agency reports The outbreak of COVID-19 pandemic in 2019 which has brought about economic hardship across the…

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Senate concerned as anybody else about Nigeria’s level of borrowing – Lawan

The President of the Senate, Ahmad Lawan, has said that the upper chamber will work with revenue-generating agencies towards reducing…

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Growing fiscal burden can cause debt crisis, Oyedele tells gov’t

Fiscal policy expert and Chairman of the Debt Management Roundtable (DMR), Mr Taiwo Oyedele, has hinted at the possibility of…

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Nigeria living on borrowing: High cost of government’s overhead killing

By Mudiaga Affe, Kassim Omomia, Ben Ogbemudia, Andy Asemota and David Lawani Nigeria is currently grappling with a heavy loan…

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I do not support irresponsible borrowing – Fashola

The Minister Works and Housing, Babatunde Fashola, has defended the Federal Government’s resort to loans to expand infrastructure in the…

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