Why Nigeria can’t stop borrowing – CBN
The Central Bank of Nigeria (CBN) has said that Nigeria cannot stop burrowing, especially when it is necessary as it is part of fiscal.
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Fri Apr 09 2021
The Central Bank of Nigeria (CBN) has said that Nigeria cannot stop burrowing, especially when it is necessary as it is part of fiscal responsibility.
The CBN Governor, Mr. Godwin Emefiele, said this on Friday in Abuja at the National Dialogue on the Nigeria’s rising debt profile, titled: “The Rising Public Debt in Nigeria and the Challenges of National Development” organised by the ActionAid Nigeria (AAN).
She said that the purpose of the workshop was to train media personnel on the trajectories of Public Finance Management (PFM) in other to enhance effective reporting on matters of Gender Responsive Public Service delivery and Public Finance accountability.
According to her, the capacity building is in line with AAN’s country strategy on promoting a transparent and accountable public finance management system that supports effective gender responsive public service delivery for citizens.
“The training will feature overview of Nigerian Fiscal Policies; Gender Responsive Public Service: ActionAid’s perspectives; budget, participatory budgeting and the budgetary process in Nigeria; concept of gender responsive budgeting and application tools and the role of citizens in the budget process.
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The Governance Manager of the group, Celestine Okwudili Odo explained that the core purpose of the lecture is to take the youths through policy influencing saying, “By this, we are creating solid steps towards getting the youth become more active and part of the decision making by their state government.”
A participant, Grace John Grace said the lectures have an impact greatly in guiding them on who are involved in decision making and making policies by the government.
He said he is better equipped to ask the right questions from the right government officials to get the right answers geared towards better involvement of youth in police and decision making.
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