Post by Arise News (@arisenews)

Future Generations Will Pay for Nigeria's Current Debt - Ekpo

You need to borrow to finance capital projects that will pay it back in the long run, GDP doesn’t pay debt, revenue does.
The debts incurred now are intergenerational; future generations will pay for them.
We should not borrow for recurrent, we need to decompose, if we have to borrow, it should be domestic and less external.
80% of Nigerians lack necessities of life. Citizens should rise and hold the government accountable for the taxes being paid.

Prof Akpan Ekpo, Economist

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