The Director, Special Projects, Federal Ministry of Finance, Aisha Omar, has said the ministry has so far recovered N57 billion from the N5.2 trillion owed by...
The African Development Bank’s Chief Economist, Kevin Urama, says debt for growth for countries on the continent should not carry any negative connotation. Urama, also the...
Oyo State Government has said that the Accountant-General of the state, Mrs Kikelomo Adegoke, did not contradict the position of Gov. Seyi Makinde on the payment...
In recent times, the media has been awash with news about the huge debt burden that the incoming government would inherit from the President Muhammadu Buhari...
By Seun Ibiyemi The Federal government has uncovered monumental debts of approximately N5.2 trillion. This was stated by the Director, Special Project, Federal Ministry of Finance,...
Debt service gulped N6.16tn in 16 months, according to the 2023-2025 Medium Term Expenditure Framework & Fiscal Strategy Paper. In 2021, the Federal Government spent N4.22tn...
That Nigeria may be running into debt trap has been one concern which has continued to attract outcries. Although, the government has maintained Nigeria’s borrowings is...
Nigeria’s total debts owed to the World Bank Group has risen by $660 just in the first six months of 2022, the Debt Management Office and...