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Business & EconomyNewsupdates

ICSAN expresses concern over rising debts

written by olarotimi September 7, 2022
ICSAN expresses concern over rising debts

The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has expressed concern over the country’s debt profile, which it said had become alarming in recent times.

Vanguard reports that Mrs Funmi Ekundayo, Vice President, ICSAN, said at a news conference on Tuesday that the debt burden had become worrisome because it was an important part of the country’s fiscal policy. The ICSAN vice president said for these reasons, the institute would convene a conference from Sept. 15 and Sept. 16 in Lagos to proffer solutions to the county’s rising debt profile.

The Minister of Works and Housing, Mr Babatunde Fashola and Speaker, Federal House of Representatives, Hon. Femi Gbajabiamila, are among personalities expected at the event.

 

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