The Nigeria Extractive Industries Transparency Initiative (NEITI) has warned state governments against excessive borrowing, cautioning that heavy debt servicing is eroding their ability to fund essential services, local infrastructure, and poverty reduction initiatives. Describing the situation as a “silent fiscal emergency” undermining subnational economic stability, NEITI issued the warning in a statement signed by its...The post NEITI Urges Smarter Borrowing, Transparent Debt Mgt appeared first on New Telegraph.
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