Policy Document
Nigerian government approves new debt management strategy
The Federal Executive Council (FEC) has approved a new Medium-Term Debt Management Strategy for Nigeria (MTDS) for the period 2020-2023. With the approval, announced during Wednesday’s virtual FEC meeting, the DMO which is saddled with managing the nation’s debt matters, has promised full implementation to support economic development while ensuring that public debt is sustainable. The MTDS is a policy document which provides a guide to the borrowing activities of the government in the medium-term, usually four years. It is recognised as one of the best practices in public debt management and is recommended by the World Bank and International Monetary Fund (IMF) to ensure that public debt management is driven by a well-articulated strategy that is structured to meet a country’s broader mac...
INEC approves new policy framework for Edo, Ondo states
The Independent National Electoral Commission (INEC) on Thursday approved a new policy framework known as Policy on Conducting Elections in the Context of COVID-19 Pandemic. The commission, in a statement issued by Mr Festus Okoye, INEC National Commissioner and Chairman, Information and Voter Education Committee, in Abuja said the policy document would be released on May 25. Okoye said that the provisions would be applied to the conduct of governorship elections in Edo and Ondo States scheduled for Sept. 19 and Oct. 10, respectively, as well as other by-elections to be conducted soon in seven states. “The general purpose of the Policy is to enable officials and staff of the Commission to understand and respond adequately to the challenges of conducting elections in the context of the COVI...
