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DAILY BUSINESS NEWS BRIEF – We must borrow more to deliver infrastructure —Adeosun

16
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We must borrow more to deliver infrastructure —Adeosun
The Minister of Finance, Mrs. Kemi Adeosun, on Sunday, said the nation must borrow more in the short term to deliver critical infrastructural projects such as roads, rail and power.She said, “Nigeria’s debt-to-Gross Domestic Product ratio is one of the lowest actually. It is about 19 per cent. Most advanced countries have over 100 per cent. I am not saying we want to move to 100 per cent. But I’m saying we need to tolerate a little bit more debt in the short term to deliver roads, rail, and power.Read More…]

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