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NBS and Scorecard of Eclipsing Administration – The Sun Nigeria

NBS and Scorecard of Eclipsing Administration – The Sun Nigeria
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NBS and scorecard of eclipsing administration By JEROME-MARIO UTOMI

With a few days to the May 29 inauguration of the new administration in the country, it is glaringly evident that President Muhammadu Buhari led Federal Government of Nigeria has successfully completed its constitutional two terms of eight years. Though there exists no codified, metered or iron cast way of assessing the administration’s performance, it

NBS and Scorecard of Eclipsing Administration

Debt Trap and Incoming Administrations -By Jerome-Mario Chijioke Utomi

Another news report within the same time frame indicated that the federal government made a total of N3.25tn in 2020, and out of which it spent a total of N2.34tn on debt servicing within the year. This means, the report underlined, that 72 per cent of the government’s revenue was spent on debt servicing. It…

Debt Trap and Incoming Administrations

From the above, it is evident that the nation did not arrive at its present state of indebtedness by accident but through a well programmed plan of actions and inactions that engineered national poverty and bred indebtedness.  T

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