Author: Abibat Babalola

ONDO STATE’S LOW-DEBT ECONOMY: MISSED OPPORTUNITY OR UNTAPPED FRONTIER?, By Kunle Odusola-Stevenson

Abibat Babalola

In Nigeria’s complex fiscal landscape, where many subnational governments grapple with growing debt burdens, Ondo State quietly stands out. Known for its relatively low domestic debt profile, Ondo is often praised for fiscal prudence and responsible financial management. Yet when set against the backdrop of the state’s modest GDP, underdeveloped infrastructure, and muted investor activity, the low-debt label triggers a more complicated conversation. Is Ondo’s fiscal conservatism a mark of vision—or a symptom of underinvestment in its own future? Stability Without Growth For investors, low debt can signal stability—but stability…

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Atiku Slams EFCC Over Detention Of Ex-Lawmaker

Abibat Babalola

Former vice president, Atiku Abubakar, has criticised the Economic and Financial Crimes Commission (EFCC) over the detention of a former member of the House of Representatives, Muhammad Kazaure. n a tweet on his official X handle, the Peoples Democratic Party’s elder statesman described Kazaure’s detention as a disregard for due process. He said, “The Economic and Financial Crimes Commission has once again plunged headlong into its well-worn pattern of lawlessness, arresting and detaining citizens with brazen disregard for due process and without offering any justification for its actions.” READ ALSO:…

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Crime Fighting: Northern Governors Support Creation Of State Police

Abibat Babalola

The Northern Governors Forum, NGF, has called on the National Assembly to institute a legislation for the creation of state police to boost security across the country. Director General Press and, Media Affairs to Yobe State Governor, Mamman Mohammed, in a press release noted that the call was contained in a communique at the end of Forum’s meeting on Saturday which was read by its Chairman, Muhammadu Inuwa Yahaya. “The Forum resolved to support the creation of state police and called on the National Assembly to expedite action on the…

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Falana Seeks Probe Into Alleged Diversion Of $3.4bn IMF Loan

Abibat Babalola

Human Rights lawyer, Femi Falana, SAN, has called on the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate the alleged criminal diversion of the $3.4 billion loan obtained from International Monetary Fund (IMF) by Nigeria to fight the Covid-19 pandemic. He made the call in a statement he signed on behalf of the Alliance on Surviving Covid-19 and Beyond (ASCAB) on Sunday. Falana also called on the IMF Board to probe alleged deliberate refusal of its Management to ensure…

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