Borrowing without visible projects worrisome — Oyerinde, NECA DG
Author: Victor Ahiuma-YoungPublished on: June 8, 2026Country: Nigeria
Business & Economy

NECA Director-General Wale-Smatt Oyerinde warns that borrowing without visible projects is worrisome, and that ordinary Nigerians are not feeling the impact of economic reforms. He criticizes the power crisis for fueling inflation and killing businesses, and urges practical solutions over rhetoric. Despite claims of macroeconomic stability, households face rising costs and declining purchasing power.
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