Is Nigeria Backsliding into Foreign Debt?
The federal government is coming under increasing criticism for its borrowing to facilitate infrastructure and other development projects in the country.
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Nigeria: 'Proposed Loan'll Not Endanger the Country's Debt Sustainability'
This Day, 20 February 2012
Despite criticism that had trailed the recent move by the federal government to borrow from international financial institutions to finance some oil and gas projects, financial ... read more »
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Nigeria: 'World Bank Assisted With U.S.$500 Million Loan to Combat Global Financial Crisis'
Vanguard, 24 February 2012
The World Bank extended a loan of $500 million for support to Nigeria during the global financial crisis. read more »
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Nigeria: FG in China, Seeks U.S.$3 Billion for Agric, Rail, Airport Projects
This Day, 22 February 2012
The Federal Government is currently discussing with the Chinese government and its agencies with a view to securing about $3 billion (N480 billion) to complete on-going 'priority ... read more »
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Nigeria: U.S.$500 Million Needed for New Airport Terminals
Daily Trust, 22 February 2012
About $500 million is required to construct four new airport terminals in Kano, Abuja, Lagos and Port Harcourt, Minister of Aviation Mrs. Stella Adaeza Oduah said yesterday in ... read more »
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Nigeria: Foreign Loan - Backsliding to Days of Unsustainable Indebtedness?
Leadership, 19 February 2012
The journey of a thousand miles begins with one step, they say. read more »
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Nigeria: Country's Debt, Economy On Front Burner At London Conference
Leadership, 22 February 2012
Nigeria needs to keep watch on its domestic debt in order not to crowd out the private sector from the domestic debt market and thus stifle the real sector. Jide Akintunde, ... read more »
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Nigeria: Foreign Loan Versus Excess Budget
Leadership, 20 February 2012
President Goodluck Jonathan gave an unusual Valentine's Day present to the nation when he sent separate letters to Nigeria's Senate and House of Representatives requesting approval ... read more »
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Nigeria: FG to Implement U.S.$500 Million World Bank Loan for Erosion Control
This Day, 19 February 2012
The Federal Government has revealed that there are plans to implement a $500 million World Bank loan to address erosion problems in some states across the country; while adopting ... read more »
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Nigeria: FG to Invest $500 Million World Bank Loan in Erosion Control
The Moment, 18 February 2012
THE Federal Government has said it plans to use a $500 million World Bank loan to tackle erosion in some states across the country, using the watershed approach. read more »
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Nigeria: FG to Use U.S.$500 Million World Bank Loan on Erosion Control
Vanguard, 16 February 2012
The Federal Government says it plans to use a 500 million dollars World Bank loan to tackle erosion in some states across the country using the water shed approach. read more »
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