Suspend Debt Repayments During Pandemics, Disasters', Benue Advocates Tell World Creditors
Residents of Adoka community on the outskirts of Makurdi, Benue State, have called on international lenders to automatically suspend debt repayments for developing countries hit by disasters and pandemics, and to reduce interest rates on loans to enable governments invest in healthcare, education and basic infrastructure. The demand was made during a community advocacy programme organised by AIDS Healthcare Foundation (AHF) Nigeria, where community members, local advocacy leaders and AHF officials highlighted how rising debt servicing is crippling service delivery in rural areas. Speaking at the event, President of Advocacy Club Adaka, Mr Moses Usuwe, said African countries continue to pay disproportionately higher interest rates on loans than developed nations, a situation he described as unfair and detrimental to development. "We are advocating freedom from unjust debt burdens. African countries are paying higher interest rates than developed nations. We believe ther...