NEWS: 34% Interest Rate Stifling Investments, Food Production – Lawan

34% Interest Rate Stifling Investments, Food Production – Lawan

Former Senate President, Senator Ahmad Lawan, has raised concerns about the adverse effects of the high 34 per cent interest rate on borrowing from commercial banks, describing it as a major obstacle to business investments and food production in Nigeria.

Speaking to journalists during the flag-off of a grain and food distribution initiative for vulnerable groups in his senatorial district of Yobe North, Lawan highlighted the challenges faced by local businesses and farmers.

He…

>

Leave a Reply

Your email address will not be published. Required fields are marked *