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Bare Knuckles: Labouring Under A Deadly Burden – Understanding The Cross River State Debt Challenge BY ISO BASSEY

As politicians in Cross River State begin to jostle against 2023, it is important for everyone to be reminded of what is one of the State’s biggest challenges – It’s debt burden. Going by 2019 records, Cross River State owes more than N230 billion. This debt is divided into external debt of $209million and domestic

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The 2020 Revised Borrowing Guidelines

With the rising national debt stock and the need to borrow to stave off the collapse of the economy, it is timely that the Debt Management Office (DMO) has released the 2020 Revised External and Domestic Borrowing guidelines for the federal and state governments, the Federal Capital Territory (FCT) and other agencies of the government. The

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