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Nigeria’s debt profile not politically motivated

In an interview published in a national daily (not Vanguard) on Monday, November  6, 2017, a former Deputy Governor of the Central Bank of Nigeria, Prof Kingsley Moghalu, exercised his inalienable freedom of expression on some national issues, especially in the areas of youth empowerment, citizens’ obligation to pay taxes, unemployment, leadership and public policies. As a former public official and academic, Prof Moghalu, more than qualifies to voice his enlightened opinion on these and many more socio-economic subjects of concern.

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How liquidity, debt, vandalism, others affect power supply

THERE are indications that many problems, including liquidity, vandalism and huge debt have constrained operators from supplying adequate power to Nigerians. Mr. Chiedu Ugbo, managing mirector of the Niger Delta Power Holding Company, NDPHC, who put the indebtedness to his company alone at N105 billion said these and others have constrained it from making more impact in the sector.

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