Borrowing

The deputy senate president and senator representing Delta Central in the National Assembly, Ovie Omo-Agege, has accused Governor Ifeanyi Okowa’s administration of corruption.This followed the governor’s request to the state…

Stakeholders of the Peoples Democratic Party (PDP) in Oyo State have frowned on what they described as excessive borrowing by the state governor, Seyi Makinde, who is a member of…

An amendment to the 2022 Appropriation Act and 2022 Fiscal Framework, which raised the deficit in the Federal Government’s budget by N965.42billion to N7.35trillion, has been passed by the National…

Elder statesman, retired diplomat and bureaucrat, Chief Phillip Asiodu, has said there is no rational explanation for Nigeria borrowing to spend on consumption, adding that as a step towards recovery…

Chief Olu Falae Chief Olu Falae has said that there was nothing wrong with a government borrowing, but that the right answers must be provided for “for what purpose?” “from…

A map of Nigeria The Peoples Redemption Party on Saturday in Abuja frowned at continuous borrowing by the Federal Government to fund national budgets. National Chairman of the party, Mr…

The Socio-Economic Rights and Accountability Project (SERAP) has asked President Muhammadu Buhari to desist from his plan to take another loan to finance 2022 budget.  SERAP stated that it will…

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the borrowing level for Nigeria is still at 23 per cent of the Gross Domestic Product, adding that…

By Nsa Gill, Calabar Works and Housing Minister Babatunde Fashola has given reasons behind Federal Government’s continued borrowing to finance infrastructure deficits in the country. He asked critics of the…

By Sanni Onogu, Abuja President Muhammadu Buhari on Tuesday laid out the expenditure, borrowing and other financing and fiscal guidelines for the next two years before the National Assembly in…