African Countries Urged to put an end to Natural Resources-Backed Loans
· 14.03.2024 · 23:17:05 ··· ··· Thursday ·· 4 (4)
News Central TV A number of African nations have been taking out loans that are backed by the sale of their natural resources, such as oil and minerals. This can be risky, as it leaves the nations vulnerable to price fluctuations in the global market. Some experts believe that these loans should be avoided and that African nations should focus on other forms of investment.
Host: Perpetua Fasanmi-Peter
Guests:
1. Dr Muda Yusuf, CEO, Centre for the Promotion of Private Enterprise, Lagos, Nigeria
2. Dr. Paul Alaje, Chief Economist, SPM Professionals, Lagos, Nigeria
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