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BREAKING: It’s Alarming; Speaker Abbas Speaks Out On Nigeria’s Debt; Total Details Emerge

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We are committed to transparency, good governance – Speaker Abbas

Tajudeen Abbas, speaker of the house of representatives, on Monday, September 8, raised alarm over Nigeria’s rising debt profile.

As reported by Daily Trust, Abbas warned that it has crossed the country’s statutory threshold and now threatens fiscal sustainability

Speaking at the opening of the 11th Annual Conference and General Assembly of the West Africa Association of Public Accounts Committees (WAAPAC), Abbas said Nigeria’s debt had reached “a critical point” and called for urgent reforms in borrowing practices and oversight. click link for full details

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