'There is nothing wrong in states owing debt' - Vanguard News

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‘There is nothing wrong in states owing debt’ vanguardngr.com vanguardnews

Ekpo said this in an interview with newsmen on Friday in Calabar while reacting to the Nigeria Bureau of Statistics report on Cross River State’s external debt.

“Debt in itself is not the killer, the killer is when you do not manage your debt and when you do not make efforts to repay it. “All l see is that we are taking up more and more liabilities without creating streams which will allow our debts to be repaid,’’ he said. “The document is an extensive research done in 2017 between May and August, it took a whole lot of resources and personnel to put up this document.“He should look at that document and stop going around saying l want to work with others which l think is just a hype.

 

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