NESG, OSIWA on pathway to fiscal sustainability for West Africa.

To help the West African countries achieve fiscal sustainability, the Nigerian Social Economic Group (NSEG) and Open Society Initiative for West African (OSWA) have collaborated to launch Debt Management Roundtable.

Mr. Taiwo Oladele who is the Chairman of the NESG-OSIWA Debt Management Roundtable, expressed worries that, debt burden is not about the present, but the future. Hence, the need for the initiative.

Speaking at the inauguration, the Chief Executive Officer of the NESG, Mr. ‘Laoye Jaiyeola who expressed concern over Nigeria’s ability to service its debt, also said Nigeria’s debt to GDP ratio has increased over the years but the relationship between both keeps rising.