Borrowing: Economist urges FG to pause, publish project details
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*Says no economy develops by ignoring manufacturing
By Juliet Umeh
Economist, Prof. Akan Ekpo, has urged the Federal Government to pause its proposed external borrowing and disclose the projects the funds will finance, alongside the studies supporting them.
Ekpo said borrowing could support economic growth if used for viable capital projects, but warned that poor transparency and weak legislative oversight could leave future generations to repay loans without seeing the promised ben
By Juliet Umeh
Economist, Prof. Akan Ekpo, has urged the Federal Government to pause its proposed external borrowing and disclose the projects the funds will finance, alongside the studies supporting them.
Ekpo said borrowing could support economic growth if used for viable capital projects, but warned that poor transparency and weak legislative oversight could leave future generations to repay loans without seeing the promised ben
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