debt crisis

Urgent Alert: Speaker Abbas Raises the Alarm as Nigeria’s Debt Skyrockets to N149 Trillion!
Abbas Tajudeen, the Speaker of Nigeria’s House of Representatives, has raised serious concerns about the country’s escalating debt levels, pointing out that the current borrowing...

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Politics Today
4 days ago4 days ago

Abbas Tajudeen, the Speaker of Nigeria’s House of Representatives, has raised serious concerns about the country’s escalating debt levels, pointing out that the current borrowing has exceeded the legal limits set by Nigerian law, posing a significant threat to the nation’s financial stability. Speaking at the opening of the 11th Annual Conference and General Assembly...

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APC Sounds Alarm on Oyo Government’s Soaring Debt Crisis
Oyo APC Voices Alarm Over Governor Makinde’s Proposed N300 Billion Loan On Thursday, the All Progressives Congress (APC) in Oyo State raised serious concerns regarding...

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Politics Today
2 weeks ago2 weeks ago

Oyo APC Voices Alarm Over Governor Makinde’s Proposed N300 Billion Loan On Thursday, the All Progressives Congress (APC) in Oyo State raised serious concerns regarding Governor Seyi Makinde’s intention to secure an additional loan of N300 billion. This development comes as the State House of Assembly resumed session on August 26 to deliberate on the

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Reps panel summons 11 Discos over ₦2.6trn debt
House of Representatives Panel Calls 11 Electricity Distribution Companies Over ₦2.6 Trillion Debt Following a detailed examination of the 2021 Auditor-General’s report, the Public Accounts...

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Politics Today
3 weeks ago3 weeks ago

House of Representatives Panel Calls 11 Electricity Distribution Companies Over ₦2.6 Trillion Debt Following a detailed examination of the 2021 Auditor-General’s report, the Public Accounts Committee has officially summoned eleven electricity distribution companies (Discos) to address alarming financial discrepancies within Nigeria’s power sector. The report highlighted significant concerns regarding the management of funds, particularly a...

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