Boiling Point: Nigeria’s Debt Burden, Comatose Economy Take Centrestage as Alaje, Aiyede Point Way Out

The popular monthly interview discourse, Boiling Point Arena, is raising the bar of narratives on how Nigeria can avert looming insolvency occasioned by her current mounting external and domestic debt burden which stood at a whopping N121.67 trillion($91.46 billion) as at March, 2024.

This coming Sunday, July 14, 2024 is date for the global online discourse, which holds via Zoom and to be transmitted live on a radio station, Sweet 107.1FM, for a two-hour duration.

On the podium for the 21st Edition of Boiling Point Arena are two of Nigeria’s notable experts on economy and public policy reforms, Dr Paul Alaje and Prof. Remi Aiyede who are the Guest Speakers/Discussants.

The topic of discourse is: “Nigeria and the Debt Trap: How Unbridled Borrowing is Pushing Nigeria into Insolvency and the Way Out”

The once-in-a-month current affairs programme with an incredibly large online followership, is the brainchild of the Convener, Dr Ayo Arowojolu, a media professional with 34 years multi-varied work career spanning the media, banking and education sectors.

The duo of Dr Alaje and Prof Aiyede are to offer perspectives unravelling the scam that led the country into the debt trap over the years by successive regimes and will in particular suggest how to stop the systemic culture of mortgaging Nigeria’s tomorrow on the altar of today’s frivolous spending.

Dr Paul Alaje is the Chief Economist at SPM Professionals and an economic, financial, business and policy development Consultant.

For his part, Prof Remi Aiyede is Professor of Political Institutions, Governance and Public Policy at the University of Ibadan and a Fellow of the Pan-African Scientific Research Council.  He is also an alumnus of the Fulbright Study of the US Institute of National Security Policy.

A foremost traditional ruler, the Olowu of Owu Kingdom, Oba Prof. Saka Matemilola, is expected to deliver a keynote speech to herald the discourse, in his capacity as Chairman, Boiling Point Council of Royals and Elders.

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According to a statement by the Chairman, Organizing Committee for the programme, Dr Eddy Ademosu, one of Nigeria’s notable Public Relations Icon, the interview discourse will in particular point the way forward for reinventing the nation’s economy.

Mr Ademosu commended the Management of Sweet FM, chaired by its Promoter, Senator Olugbenga Obadara, for identifying with worthy causes through partnering with the Boiling Point platform to widen the audience reach of the programme through its terrestrial and online channels

BOILING POINT, a news and general interest Group comprises an array of eminent personalities including over 300 Professors, technocrats, industry leaders, High Court Justices, traditional rulers, security top shots, media professionals and several others.