A cross section of Returning and Governors-elect on Wednesday revealed plans toward reducing the debt burden at Subnational level on resumption of duty on 29th May, 2023. In his address, Governor Bala Mohammed of Bauchi State who spoke on rising debt profile, observed that Nigeria cannot continue to embark on a borrowing spree considering the rising national debt profile. “And then I think the most important thing that we need to do we look at the whole financial situation of the state. i take issues of security very deeply but i know a number of things have not been put in place. “When you’re dealing with people known transparently, and then the number of results that you have are erroneous enough.

Source: Nigerian Tribune May 18, 2023 08:45 UTC