• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, September 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Financial Expert Queries Federal Govt’s Borrowing Plans

by Leadership News
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

A financial expert, Michael Diongoli, has questioned the rationale behind the federal government’s move to borrow over $8 billion to carry out projects across states.

Advertisement

According to the financial guru, the debt profile of the country was already alarming, with over N86 trillion, and borrowing more money will plunge the country into avoidable hardship.

Diongoli said the only way out of impending financial doom was to move from being a primarily consuming nation to a production nation with tax considerations.

He explained that Nigeria is a blessed nation with numerous resources; natural and human, adding that the government must be deliberate in managing all resources, particularly its human capital potential.

RELATED

Budget Minister, Stakeholders Seek Inclusive, Robust National Statistical System

Federal Gov’t Advocates Nutrition Budget Tagging For Transparent Healthcare Delivery

13 hours ago
ASSBIFI Link Forex Rise On Unpatriotism Of Nigerians

Rising Liquidity, Foreign Reserves Boost Naira To 6-month High Of N1,514.86

15 hours ago

While urging the government to explore Nigeria’s human capacity, particularly in the technological space, agriculture, and other areas, he commended the President Bola Ahmed Tinubu, who led the federal government for its initiative thus far and urged the government to do its best to consolidate its efforts.

ADVERTISEMENT

He argued that Nigeria must be conscious to diversify and harness other financial prospects. He stressed that the government must explore the tech economy and introduce more youth to its vast economy so as to create more independent business owners capable of earning in currencies beyond the Naira.


Join Our WhatsApp Channel



SendShare10183Tweet6365Share
ADVERTISEMENT
Previous Post

Issues In Tinubu’s Oversized Delegation To COP28

Next Post

American Business Council, CIPE Launch Democracy-Centric Forum

Leadership News

Leadership News

You May Like

Budget Minister, Stakeholders Seek Inclusive, Robust National Statistical System
Business

Federal Gov’t Advocates Nutrition Budget Tagging For Transparent Healthcare Delivery

2025/09/06
ASSBIFI Link Forex Rise On Unpatriotism Of Nigerians
Business

Rising Liquidity, Foreign Reserves Boost Naira To 6-month High Of N1,514.86

2025/09/06
Experts Laud CG As Customs Grants 90-day Window To Regularise Imported Vehicles Duty
Business

Stakeholders Laud Babandede’s Promotion, As Onne Customs Generates N859bn Revenue

2025/09/06
‘We’re Not Owing You Ground Rent’, FIRS Tackles FCTA Over Office Closure
Business

FIRS Advocates Global Reforms On SMEs Tax Evasion

2025/09/06
TV Reality Show Plans N50m Reward For Youth Entrepreneurs
Business

TV Reality Show Plans N50m Reward For Youth Entrepreneurs

2025/09/06
CBN Intervention Funds Boost Non-oil Export Earnings
Business

CBN Unveils Compliance Department For Anti-money Laundering, Cybersecurity

2025/09/06
Leadership Conference advertisement

LATEST

MAAUN Group Partners Canadian Institution On English Language Training, Students Exchange, Others

61 Civilians, Soldiers Killed In Fresh Boko Haram Attacks In Borno

Tinubu Felicitates Presiding Bishop Of TREM Okonkwo At 80

WCQ: Chelle Benches Ekong As Osimhen, Lookman Lead Must-win Battle Against Rwanda

Tinubu Approves N158bn For Education Advancement

Tinubu Celebrates Owelle Chikelu At 95

Impeachment: Ex-Kogi Deputy Governor Onoja Begs Predecessor Achuba For Forgiveness

Governor Adeleke Appoints Puff-Puff Seller As Gov’t House Chef, Offers Scholarship

Olubadan: MURIC Seeks Coronation Programme Review Over Friday Prayer Omission, Clash

JUST-IN: Days After Tinubu Comment, NNPP Expels Lawmaker Abdulmumin Jibrin

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.