As a matter of urgency, Nigeria must stop borrowing for consumption, but only borrow to invest in regenerative development projects and other productive ventures.
It's ironical that States that received fiscal bailouts did not invest them properly; did not repay the loans and are still borrowing beyond their revenue earnings.
Also, it has become imperative to restrict Federal borrowings to the statutory 5% of the previous year's revenue.
Congratulations @gerald6969! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 50 posts.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Support the HiveBuzz project. Vote for our proposal!
Source of potential text plagiarism
Plagiarism is the copying & pasting of others' work without giving credit to the original author or artist. Plagiarized posts are considered fraud.
Guide: Why and How People Abuse and Plagiarise
Fraud is discouraged by the community and may result in the account being Blacklisted.
If you believe this comment is in error, please contact us in #appeals in Discord.