Duke seeks financial system overhaul, faults high interest rates, rising debt
Presidential candidate of the People’s Redemption Party (PRP) for the 2027 general election, Donald Duke, has called for a comprehensive overhaul of Nigeria’s financial architecture, warning that high interest rates, rising public debt and misplaced government spending are crippling businesses and slowing economic growth.
The former Cross River State governor said the country urgently needs bold economic reforms centred on affordable credit, disciplined public spending, energy security and institutional efficiency to unlock productivity and restore investors’ confidence.
Combine that with prudent public spending, an efficient tax system and a judiciary that inspires confidence, and Nigeria can unlock its enormous economic potential,” he stated.
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