Stakeholders have called for more discipline to curb excessive borrowing at all levels of government, especially in the face of the mounting national debt now
Statistics from the Debt Management Office revealed that Nigeria’s total public debt stock as of June 30, 2023 amounted to N87.4 trillion.
The secretary to the government of the federation , George Akume, averred that the dialogue is not against borrowing, but borrowing in the right way and for the right reasons – for the good of the people of Nigerians.Akume, who was represented by an official of the office of the SGF, Dr.
“We encourage states to stop depending on federal government and focus on what they can do to boost their internally generated revenue,” he added. The executive chairman, FRC, Victor Muruako, revealed that in the past two years, the Commission had reviewed some loans contracted at different times by 11 state governments and public institutions across six geopolitical zones of Nigeria, from five local banks,
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stakeholders must drive investment to bridge Nigeria’s 195,400 MW energy deficits — AbdulThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read more »
Roses for Falode as stakeholders Eulogise former NWFL chairpersonThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read more »
Imo stakeholders vow to end Political intimidation with charter of equityThe stakeholders of the Imo East senatorial zone on Sunday vowed that they would end political intimidation by using the Imo charter of equity to rotate governorship position among the three zones of Imo East, North and West, as this would stop one zone continuing to dominate in producing a governor of the state.
Read more »
Adeleke tasks stakeholders on feedback mechanism for good governanceA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Read more »
Imo Guber: Owerri stakeholders reject Charter of Equity proposed by eldersMajor stakeholders in Owerri Senatorial Zone have criticized the charter of Equity allegedly being foisted on the people of Imo State by the incumbent governor whose zone has held on to the governorship of the State for twenty years, leaving Owerri and Okigwe zones with seven months and four years respectively. The Owerri leaders under
Read more »
Sports Minister Brainstorms With Stakeholders On Football DevtIn his avowed determination to ensure the development of sports in the country, the minister of sports development, Senator John Owan Enoh, has met with key
Read more »