All posts tagged "Nigeria debt profile"
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$7.9b loan: Senate Warns States over Careless Borrowing
The Senate has warned state governments against careless borrowing, saying it would not agree to every demand. Chairman, Senate Committee on Local and Foreign Loans, Senator Ehigie Uzamere sounded the warning during a meeting set for the...
- Posted December 11, 2012
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Debt Management: Civil Servants Rise against Government’s Borrowing Routine
The Association of Senior Civil Servants of Nigeria (ASCSN) has challenged the National Assembly to stop the Federal Government from borrowing to execute projects in the country. ASCSN’s President Comrade Bobboi Bala Kaigama made this declaration at...
- Posted December 3, 2012
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Borrowing will aid economic growth – Debt Management Office
In the midst of the debate and furore over the request by the Federal Government to request for a foreign loan worth about N7.9billion, the Debt Management Office has thrown its weight behind the decision. The...
- Posted November 21, 2012
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Reps Express Alarm over Nigeria’s $25 billion Projected Debt Profile
Members of the House Committee on Legislative Budget and Research have expressed alarm at the present and projected levels of borrowing by Federal, State and Local governments. The level of borrowing was disclosed when the Director General of...
- Posted October 3, 2012