The Debt Management Office (DMO) on Tuesday urged sub-national entities in Nigeria to ensure effective debt management practices to ensure sustainable economic development.
The Director-General of the DMO, Patience Oniha, gave the advice at a World Bank assisted workshop on “Borrowing Guidelines for Top Policy Makers ” in Lagos.
Oniha said the workshop was informed by the need for sub-national governments to understand that the country operated one economy, with actions of one level of government affecting the other.
She called for…