borrowed

Show Evidence Of Money You Borrowed, Wike Berates FG

December 11, 2021 2:04 am

The Governor of Rivers State, Nyesom Wike has challenged the Federal Government to show evidence where it has deployed all the money it has borrowed so far from external creditors.

He posited that Nigeria has enormous resources and if well managed, can change, not only the fortunes of the country but the life of every Nigerian.

The governor issued the challenge when he spoke at the inauguration of the Rumuola flyover bridge by former governor of Ondo State, Olusegun Mimiko, in Port Harcourt, yesterday.

He pointed out that his administration was propelled by love and commitment to service, which is …

Nigeria Has Borrowed More Money In The Last Three Years

October 16, 2019 3:32 am

• Economy, population growing at different directions

At current debt levels of over ₦25 trillion, it means that Nigeria has borrowed in three years more than it borrowed in 30 years previously, and the country to remain peaceful and get the economy working better, it must return to the basics of federalism, as the foundation of her national enterprise.

A former Chief Executive Officer, Nigeria Economic Summit Group (NESG), Prof. Anya O. Anya, who stated this, noted that the political challenge is how to operationalise Chapter II of the Constitution, as the fundamental objectives and directive principles of state …