Borrowing: NGO Tasks FG on Unlocking Underutilized Assets for Economic Prosperity

Share

A non-governmental organization, Foundation for Peace Professionals (PeacePro) at the weekend said the federal government does not need to borrow its way to prosperity while over $1.5 trillion assets value lie unused.


The group therefore said, “The stranded and underutilized assets across the country are not merely losses; they are the foundation for inclusive growth, institutional strength, and sustainable peace of the country.


A statement issued by the group in Ilorin signed by its Executive Director, Comrade Abdulrazaq Hamzat stated that, the unlocking stranded capital should become a national economic priority, describing it as one of the fastest pathways to restoring Nigeria’s growth momentum and strengthening its global competitiveness.

Read more

Local News