Opinion

Nigeria and the Chinese Debt Empire, By Ebere Onwudiwe

There are important issues of accountability and probity, all linked to transparency. The absence of transparency can be disastrous to good governance and economic growth in Nigeria. Whether they are loans from China or from anywhere else, opaque loan contracts and under-stated loans (hidden by the lack of transparency) are…
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Columns

Re-purposing the Discussion Around the National Debt, By Uddin Ifeanyi

We are also at the point, 10 years ago, where the threat of “fiscal dominance” was a sufficient worry to persuade government to strengthen the Central Bank of Nigeria (CBN) by granting it both goal and tool independence. Fiscal dominance arises when poor fiscal policy leads to a huge debt…
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