Patience Oniha, director-general of the Debt Management Office (DMO), has advised that the federal government borrow funds only for revenue-generating projects. She gave the advice on Wednesday, in Abuja, at
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A federal high court sitting in Abeokuta, Ogun state, has issued an interim order restraining the federal government from borrowing unclaimed dividends of shareholders in the Nigerian capital market. The
Peter Obi, former governor of Anambra state, says Nigeria has nothing to show for all the funds it has been borrowing for years. Obi was reacting to the senate’s approval of
Lai Mohammed, minister of information, says there is no cause for alarm over Nigeria’s rising debt. Speaking on Monday at a press conference to highlight the administration’s major achievements in
Yahaya Bello, Kogi state governor, says he borrowed N10 billion in addition to the last tranche of the Paris Club
Kemi Adeosun, the minister of finance, has warned that the country can no longer afford to keep borrowing to fund
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