•Dr Kingsley Moghalu President of the African School of Governance, Dr Kingsley Moghalu, has criticised the lack of philosophical depth in African economic management, describing much of the continent’s economic thinking as reliant on ineffective, borrowed ideas. Speaking on the Toyin Falola Interviews yesterday with the theme, “Leadership in ...
•Obaseki The outgoing Governor of Edo State, Godwin Obaseki has alleged that the All Progressives Congress (APC) has borrowed N2 billion to N5 billion to fund the inauguration of the Governor-elect, Senator Monday Okpebholo, slated for Tuesday, November 12. Obaseki made the remark in Benin during the inauguration of caretaker committee for the...
•Peter Obi The 2023 presidential candidate of the Labour Party, Peter Obi, has urged the federal government to do a detailed breakdown on the utilisation of borrowed funds. Obi made the demand in a post on X yesterday while decrying significant increase in government borrowing at the end of first Quarter (Q1) which he said […]
•Rev. Fr. Hyacinth Alia Benue State Governor Hyacinth Alia declared that his administration hasn’t borrowed money since his inauguration on May 29, 2023. This is in response to a report alleging that 13 newly appointed state governors, including Benue, collectively acquired N226.8 billion in loans from both domestic and external lenders betwee...
•Oniha In the first six months after taking office, 13 new state governors collectively borrowed N226.8bn from domestic and external financiers. This emerged as findings showed that 16 state governors also increased the debt profile of their states by N509.3bn with domestic and external debt of N243.95bn and $298.5m (N265.37bn), respectively, ...

