Daily Trust's Economists Urge Fiscal Discipline and End to Budget Rollover in Nigeria
The Daily Trust's Board of Economists, led by Dr. Shehu Yahaya, emphasized the need to curb borrowing and end budget rollovers in Nigeria. They stressed the importance of aligning borrowing with long-term economic returns, promoting fiscal and monetary coordination, and enhancing policy effectiveness to lower inflation and support sustainable growth.
The board also criticized the government for late budget submissions, hindering proper budget deliberations and leading to suboptimal outcomes in capital budget implementation across ministries. The call for stronger fiscal and monetary coordination aims to improve economic performance and infrastructure development in Nigeria.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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