By Aminu Abubakar Bayero University, Kano (BUK) spent N3.56 billion on public debt charges in 2024, an amount equivalent to about 64.8 per cent of the institution's internally generated revenue for the year, an analysis of the…
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The 16th Fulani Emir of Kano, Malam Muhammadu Sanusi II, has questioned the Federal Government’s continued reliance on borrowing despite the removal of the petrol subsidy. Speaking in an interview posted by News Central TV on Friday, the…
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President Bola Tinubu has approved a payment plan to settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme. Presidential spokesman, Bayo Onanuga, announced this in a statement on Sunday. The…
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The President of the All Indigenous Contractors Association of Nigeria (AICAN), Mr Jackson Nwosu, says negotiations are ongoing between protesting contractors and the Federal Government over outstanding debts. Nwosu told newsmen in Abuja…
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The Debt Management Office (DMO) has revealed that Nigeria’s 36 states and the Federal Capital Territory (FCT) incurred a combined debt of N4.002 trillion as of 30 September 2025. The latest figures, released by the DMO, show that the…
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All Progressives Congress (APC) in Edo State has asked a former national chairman of the party and ex-governor of Edo State, Chief John Odigie-Oyegun, to settle the debts he allegedly owed the party. The state APC said the debts arose from…
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The Debt Management Office (DMO) on Thursday reopened FGN bonds valued at N200 billion for subscription in July. According to a statement by the DMO, the first offer is an August 2030 FGN bond valued at N100 billion, at an interest rate of…
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President Bola Tinubu has directed the Bank of Agriculture (BOA) to settle outstanding arrears owed to agro-dealers and input suppliers under the National Agricultural Growth Scheme and Agro-Pocket (NAGS-AP), following the release of N30…
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The House of Representatives has asked the Office of the Accountant-General of the Federation to tender evidence of N2.4 trillion paid to contractors as approved by the Federal Government. The Deputy Speaker, Rep. Benjamin Kalu, made this…
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Speaker of the House of Representatives, Rep. Abbas Tajudeen, has warned that Nigeria’s rising debt profile has reached a critical and unsustainable level, stressing the urgent need for stronger legislative oversight to safeguard the…
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