Peter Obi Faults Federal Government’s Rising Borrowing, Says Nigeria Is Drifting Into Fiscal Chaos
Former Labour Party presidential candidate, Peter Obi, has raised alarm over what he described as the federal government’s reckless appetite for loans, warning that the trend reflects deeper issues of poor governance and troubling economic management. Obi, in a statement on Friday, reacted to reports that the Tinubu-led administration plans to source roughly ₦20 trillion […]
FIRS Defends Tinubu Government’s Borrowing Strategy: Debt Is Part of National Ecosystem
In a recent press briefing, Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), defended the Nigerian government’s borrowing strategy, emphasizing that debt is a legitimate component of the nation’s fiscal framework. Adedeji addressed concerns over the administration’s borrowing practices, asserting that borrowing is not inherently problematic but rather a standard element of national […]