Sale of Discos...Experts, Labour Want Debt-Ridden Firms Unbundled
Leadership
Ahead of the federal government's plan to sell the electricity distribution companies (DisCos) under the management of banks and the Asset Management Company of Nigeria (AMCON),… Read more »
Claim 45 Percent of Kaduna State's Debt Borrowed Before El-Rufai's Administration Inaccurate
Daily Trust
Claim: An X user claimed that 45 per cent of Kaduna State's debt was borrowed before Governor Nasir El-Rufai was elected in 2015. Read more »
Power Outage - TCN Seeks Increased Funding, Payment of Outstanding Gas Debt
Leadership
The managing director, Transmission Company of Nigeria (TCN) Abdulaziz Sule has urged the Senate Committee on Power to assist in raising funds for the completion of over 120… Read more »
Debt Crisis - Kaduna Assembly Begins Probe of El-Rufai
Leadership
Kaduna State House of Assembly has set up a 13-man ad-hoc committee to investigate financial transactions, loans, grants and projects executed by the of Mallam Nasir el-Rufai… Read more »
Leaders Need to Break the Chokehold of Debt and Austerity. Our Health Depends On It
IPS
As leaders gather for the Spring Meetings of the IMF and World Bank amid the cherry blossom trees of Washington, DC, there is some good news to celebrate. Read more »
IMF Executive Board Endorses Reforms to Promote the IMF's Capacity to Support Countries Undertaking Debt Restructurings [document]
IMF
The Executive Board of the International Monetary Fund (IMF) endorsed today the recommendations of the IMF staff paper "Policy Reform Proposals to Promote the Fund's Capacity to… Read more »
City of Windhoek Extends Deadline for Pensioners' Debt Relief Registration
Namibia Economist
The City of Windhoek (CoW) has extended the deadline for pensioners to register for debt relief until May 31. Read more »
Developing Countries' Govt Debt Crises Loom Larger
IPS
Developing countries are being blamed for having borrowed and spent irresponsibly. But they have only been doing what foreign powers and financial interests have urged them to do. Read more »
Deputy Finance Boss Reveals Strategy to Address Debts
New Dawn
To tackle Liberia's increasing domestic and external debts, Deputy Finance and Development Planning Minister for Fiscal Policy Anthony Myers has unveiled comprehensive plans to… Read more »
Zamfara Governor Denies Borrowing 14.26bn [press release]
Premium Times
The spokesperson of the governor clarified that no domestic or external loans have been taken since Governor Dauda Lawal took office, pointing out that the amount referred to in… Read more »
And the Borrowings Continue...
This Day
The spate of borrowing is excessive Read more »
Debt - Kaduna APC Women Leader Suspended for Criticising Sani
Daily Trust
NWC, others should wade into rift between El-Rufai, Sani - Lukman Read more »
We Disconnected Power Supply to Uch Over N400m Debt - - Ibadan Disco
Daily Trust
The Ibadan Electricity Distribution Company (IBEDC) Plc said it disconnected power supply to the University College Hospital (UCH) in Ibadan due to an outstanding debt of N400… Read more »
World Bank Group Statement On Debt Restructuring Agreement for Zambia [press release]
World Bank
The World Bank today released the following statement on Zambia: Read more »