Unsustainable Debt: CSO to engage NASS on Fiscal Responsibility Act passage

A group of Civil Society Organisations (CSOs) say it will engage the 10th National Assembly (NASS) to see to the passage of the Fiscal Responsibility Act (FRA) as a strong measure to bring sanity to the fiscal space. Mrs Regina Udo, the Project Manager, Growth Initiatives for Fiscal Transparency (GIFT), said this in a statement in Abuja on Friday She decried Nigeria’s public debt profile of N87 trillion, describing it as unsustainable and a clarion call to reform the public finance management system. She called on the Federal and State…

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