You need to borrow to finance capital projects that will pay it back in the long run, GDP doesn’t pay debt, revenue does.
The debts incurred now are intergenerational; future generations will pay for them.
We should not borrow for recurrent, we need to decompose, if we have to borrow, it should be domestic and less external.
80% of Nigerians lack necessities of life. Citizens should rise and hold the government accountable for the taxes being paid.
Prof Akpan Ekpo, Economist
Subscribe to our Channel for high profile interviews. Follow us on Twitter at https://twitter.com/ARISEtv |
and Instagram: https://www.instagram.com/arisenewsofficial |
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Check out our website www.arise.tv
The debts incurred now are intergenerational; future generations will pay for them.
We should not borrow for recurrent, we need to decompose, if we have to borrow, it should be domestic and less external.
80% of Nigerians lack necessities of life. Citizens should rise and hold the government accountable for the taxes being paid.
Prof Akpan Ekpo, Economist
Subscribe to our Channel for high profile interviews. Follow us on Twitter at https://twitter.com/ARISEtv |
and Instagram: https://www.instagram.com/arisenewsofficial |
and Facebook: https://www.facebook.com/AriseTVNews |
Check out our website www.arise.tv
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