Tag: Debts

El-Rufai left $587m, N85bn debts, 115 contract liabilities behind ―Kaduna gov, Uba Sani

Bode DoluLeave a Comment on El-Rufai left $587m, N85bn debts, 115 contract liabilities behind ―Kaduna gov, Uba Sani

Kaduna State governor, Uba Sani, has said that he inherited a huge debt burden of $587m, N85bn and 115 contractual liabilities from his predecessor, Nasir El-Rufai’s government and that the huge debt has eaten deep into the state’s federal allocation. Governor Sani disclosed this at a town hall meeting on Saturday, March 30. The governor […]

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Debts, VAT And States’ Gold Mines, By Lasisi Olagunju

Bode DoluLeave a Comment on Debts, VAT And States’ Gold Mines, By Lasisi Olagunju

The National Assembly last Tuesday received a presidential request for yet fresh foreign loans. This time, it is $4billion and €710million (N2trillion) to finance ‘critical projects’ in the 2021 budget. Our lawmakers will approve the loan request without asking any question. It is not the first loan request this year and it won’t be the […]

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