Tinubu seeks Reps’ approval to borrow $8.6bn, €100m
Ahead of the 2024 Budget presentation of the joint session of the National Assembly, President Bola Tinubu has written the House of Representatives seeking approval to borrow $8.6bn and €100m…
Tax reforms: We’ll borrow less and collect more tax – Tinubu, sets 18% Tax to GDP target in 3 years
President Bola Tinubu on Tuesday in Abuja expressed his resolute commitment to break the vicious cycle of overreliance on borrowing for public spending, and the resulting burden…
Peter Obi to FG: Invest borrowed funds on production, not consumption
August 20, 2021 A former Governor of Anambra, Mr Peter Obi, has advised the Federal Government to invest the funds being borrowed in profitable ventures and production to enhance the…
Our N100bn borrowing is for development: Oyo Dep. Gov. replies critics
Alhaji Rauf Olaniyan, Oyo State Deputy Governor, on Saturday said the state government’s decision to finance developmental projects through borrowings was in order. Olaniyan told newsmen in Ibadan that such…