ABDP

Main Menu

  • Debt Overhang
  • Trade Remedy
  • Willingness To Pay
  • Working Capital Management
  • Debt

ABDP

Header Banner

ABDP

  • Debt Overhang
  • Trade Remedy
  • Willingness To Pay
  • Working Capital Management
  • Debt
Debt Overhang
Home›Debt Overhang›Stop feigning ignorance about Anambra’s huge debts, Uba tells Soludo –

Stop feigning ignorance about Anambra’s huge debts, Uba tells Soludo –

By Lisa Small
October 29, 2021
0
0

All Progressives Congress candidate for Anambra governor on November 6, Senator Andy Uba, called on former Central Bank of Nigeria (CBN) governor Professor Charles Soludo to stop pretending to ignore the total state debt he so desperately seeks to rule.

Soludo, the All Progressives Grand Alliance candidate, shocked the show’s host, Seun Okinbaloye, and viewers on Thursday when he couldn’t figure out the state’s debt profile.

The economics professor was asked if he knew what the state’s over-indebtedness was and how he planned to deal with it.

The APGA candidate has said he will know when he becomes governor.

Undeterred, Okinbaloye insisted again, pointing out that statistics from the country’s debt management office indicated that Anambra owed N60 billion in domestic debt and $ 116 million in foreign loans.

However, Soludo said, “We will check this out. Borrowed from who? Who are the creditors?

But Senator Andy Ubah Governorship Campaign Organization (SAUGCO) said in a statement: State detriment.

“We are, however, happy that the APGA antics are already known to people who are waiting to finally send them packing on November 6th.”

Ironically, data released by the DMO on December 31, 2020 indicated that Anambra’s domestic debt stood at N59013 billion as of September 30, 2020, while the state’s external debt profile was $ 115,886 million as of June 2020.

“It is shocking that a Professor Soludo who should have such information at his fingertips chooses to play politics with such information crucial to the life force of the state, or is simply malicious.”

SAUGO said the economics professor owed the people of Anambra a patriotic duty to research what state debt really is.

“As an irreducible minimum, the campaign organization for the government of Senator Andy Uba calls on Professor Soludo to undertake the urgent task of uncovering the exact and total debt of Anambra Stat; because, by accomplishing this task, Professor Soludo would have rendered an invaluable service to a people he so ardently wants to rule, ”said Victor Afam Ogene, director of media and publicity of the organization, in a statement .


Source link

Related posts:

  1. Assist with payday loans -Tour our website and consolidate payday loans quick
  2. Authorities seeks strategic companion for TOR | Normal information
  3. What occurs after the short-term financial increase fueled by the stimulus?
  4. 3 technological companies actions to capitalize on the coronavirus – March 16, 2021

Recent Posts

  • Traditional finance is getting richer. DeFi can provide a fairer world
  • Respect. Honor. Gratitude. May 15-21 is National Police Week – Americus Times-Recorder
  • Financial Contrast: Pinnacle Financial Partners (NASDAQ:PNFP) vs. Webster Financial (NYSE:WBS)
  • What Sanai Health Industry Group Company Limited (HKG:1889) earns 35% on the stock price doesn’t tell you
  • Why is New Zealand lagging behind other countries on the issue of the gender pay gap?

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • October 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018

Categories

  • Debt
  • Debt Overhang
  • Trade Remedy
  • Willingness To Pay
  • Working Capital Management
  • Terms and Conditions
  • Privacy Policy