GIGG Condemns FG’s Plan To Borrow Additional N2trn
The Global Initiatives for Good Governance (GIGG) has condemned the plan by the Federal Government to borrow an additional N2 trillion from China. The group in a statement by its Director-General, Dr Emeka Kalu said that the plan by the government would further push the country into more debts without proper use of the previous ones borrowed by the government. The statement further hinted that the level of borrowing by the government was not ideal in a modern society where fiscal federalism should have been given a viable opportunity to thrive. Kalu insisted that further application for borrowing was a…
