The governor urged citizens to engage in “positive dialogue” rather than resorting to demonstrations.
The Debt Management Office (DMO) has called on President Bola Tinubu to prioritise “fiscal retrenchment” amid the county’s economic crises.
DMO director-general Patience Oniha said this in an interview on Tuesday in Abuja.
The DMO disclosed that the increase is as a result of naira devaluation.
“These are debts we met and which we must begin to pay if the state is to move forward,” Mr Otu said.
“Predictably, 12 months on, Tinubu’s pledge of growing the economy and ending misery remains unfulfilled,” said the former vice-president
The Debt Management Office has listed two federal government of Nigeria savings bonds for subscription at N1,000 per unit.
The debt office said that there was an increase of N9.43 trillion over the comparative figure for Sept. 30, 2023.
“We talked about inflation. Where has it come from? It came from 8 years of just printing money not matched by productivity,” Mr Edu said.
The first offer is a two-year FGN savings bond due on December 13, 2025, at an interest rate of 12.287 per cent per annum.
