Fashedemi Assures More Improvement in Power Sector as S.A to the President on Energy visits Ministry of Power

Recently, the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu signed into law the 2023 Electricity Act and there after appointed Special Advisers on different portfolios.In the bid to strengthen service delivery in the Power sector, the Special Adviser to the President on Energy, paid a courtesy visit to the Ministry. Speaking at…

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DMO Cautions FG Against Borrowing More

The Debt Management Office (DMO) has issued a warning to the Federal Government (FG) against additional borrowing, citing that 73.5% of this year’s revenue will be used to service debt. According to the DMO, this high Debt Service-to-Revenue ratio is unsustainable and poses a threat to debt sustainability. The DMO recommended that the FG focus…

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