Experts Groan As Buhari Hands Over Struggling Economy
The current regime inherited a frail economy. Despite Nigeria’s economy growing by over six per cent in 2014, economic growth slowed to about three per cent by 2015 – reported as the lowest in the democratic era....
Finance Minister Insists on more Taxes to Reduce Nigeria’s Debt Burden
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has insisted that only the collection of more taxes and effective blocking of revenue leakages were realistic measures that would drastically cut borrowings...
Osinbajo Says Debt-for-climate Initiative Will Reduce Nigeria’s Debt Burden
The Vice President of Nigeria, Prof. Yemi Osinbajo, has said the Federal Government will reap a huge debt relief from some creditors in dollars if Nigeria’s idea for a Debt-for-Climate swap deal is widely accepted.
A statement...
Local Airlines’ Debt Burden Hits N22bn
Minister of Aviation, Hadi Sirika, yesterday, disclosed that the local airlines’ total debt burden to regulatory agencies stood at N22 billion. A breakdown showed the sum of N19.37 billion and $6,993,284 million (N2.7 billion) as unremitted Ticket Sales Charge...
