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Communique of the One-Day Debt Advocacy Meeting on Nigeria Debt Management

Communique of the One-Day Debt Advocacy Meeting on Nigeria Debt Management

Preamble

The Africa Network for Environment and Economic Justice, (ANEEJ) in collaboration with African Forum for Debt and Development, (AFRODAD) convened a one-day debt advocacy meeting as part of advocacy campaign on debt management initiatives. The objectives of the meeting include: To engage debt management stakeholders in Nigeria, on Nigerian debt management concerns; to review current state of indebtedness in Nigeria amidst of COVID-19; to extensively evaluate Nigeria’s debt sustainability indicators; to review, discuss and draw lessons from previous debt reports on Nigeria and to share stakeholder perspectives on how to effectively manage Nigeria’s debts.

The meeting had in attendance participants representing a wide range of Civil Society Organisations (CSOs) across Nigeria. The meeting also had in attendance representatives of international CSOs, the Federal Ministry of Budget and National Planning. After exhaustive deliberations on the issues, the following observations and recommendations were made by participants:

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