The Senate yesterday warned the Federal Government to stop taking external loans, urging it to find other means of generating revenue internally, rather than throw the country into a debt trap.
A new report by Afrinvest West Africa Limited has revealed that the 2019 elections present the best chance to reset governance and build new growth levers that would put the country’s economy on a path to prosperity.
Managing Director, Chevron Nigeria Limited, Jeff Ewing, has said that Nigeria must urgently take advantage of opportunities for investment in the gas sector to transit from an oil-based economy to a more integrated economy, as well as end routine gas flaring.
Former Ekiti State Governor Ayodele Fayose yesterday insisted his administration did not commit the state to any financial institution in the form of bonds and commercial loans and described as false the claim that the state was bogged down by a N170 billion debt.
Professor Rahamon Bello is a man that I admire and most certainly, a man worthy of admiration. I really became aware of Professor Bello when he took over senate after the death of Professor Sofoluwe, though I must confess that till the death of Professor Sofoluwe my attendance at senate was sporadic.