Tag Archives: loans

Yet Another Accumulation Of Debts

While many government officials argue that Nigeria’s current debt is still within the permissible three per cent threshold prescribed by the Fiscal Responsibility Act (FRA), in real terms, it flies in the face of sound economic management. Irrespective of the justification for this rather unbridled debt accumulation by officialdom, we make bold to say that piling up debt for the ...

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