# Borrowing

2 articles tagged

Nigeria's Borrowing Justified Despite Subsidy Removal, Says Budget Office

The Budget Office of the Federation has stated that Nigeria's continued borrowing to finance its budget is a common practice among nations and not an indication of weakness. The office emphasized that effective management of borrowed funds is key.

21 hours ago2 min read

Business

Adi Bongo: Nigeria's Borrowing and Asset Divestiture May Fail Without Strong Institutions

Economist Professor Adi Bongo warns that Nigeria's attempts to borrow and sell government assets to address budget deficits could be jeopardized without solid institutional frameworks. He emphasizes the need for better accountability and oversight.

Feb 13, 202610 min read

Adi Bongo Asset Sales Borrowing