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ActionAid, stakeholders express worry over unstable levels of borrowing, rising national debt profile

ActionAid, stakeholders express worry over unstable levels of borrowing, rising national debt profile
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Breaking News | ActionAid, stakeholders express worry over unstable levels of borrowing, rising national debt profile

By Gabriel Ewepu – Abuja A non-profit making organisation, ActionAid Nigeria, AAN, and stakeholders, Friday, expressed worry over unstable levels of borrowings and rising national debt profile under the Buhari-led administration and poverty increasing daily. The Country Director, ActionAid Nigeria, Ene Obi, in an address of welcome expressed worry over upward trend nation’s debt profile has assumed as it keeps piling up and closing the fiscal space for effective delivery of public goods. According to Ene, as at December 31st, 2020, data from the Debt Management Office (DMO) showed that the nation’s total debt stock stood at N32, 915,514.85t ($86,392.54 billion).

Why Nigeria can t stop borrowing – CBN

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. By 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).

UPDATE: Planned Parenthood of Western Pennsylvania workers vote to unionize

UPDATE 1:55 p.m., Fri., March 12: Yesterday, Planned Parenthood of Western Pennsylvania workers voted to unionize. This comes less than two months after a group of 35 full and part-time staff members with the reproductive health organization filed a petition with the National Labor Relations Board to hold a unionization vote. Organizing member and PPWP health care assistant Crystal Grabowski says that, while the exact number of pro-union votes have yet to be confirmed, we won with a majority. Votes were collected via a mail-in ballot election. Ballots were sent out on Feb. 18 and were required to arrive on Thu., March 11 in order to be eligible.

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