Ugandan lawmakers have called on Nigeria to share its experience in managing public funds and sustainable borrowing, as the country aims for 6.5–7% economic growth in 2026. The request comes amid growing concerns over public debt and financial transparency. The National Institute for Legislative Development and Service (NILDS) has urged a review of loan agreements, debt management, and financial guarantees.
The move highlights a broader push for African nations to learn from each other rather than external models. Lawmakers argue that regional collaboration can lead to more effective economic strategies. Nigeria, with its complex financial landscape, is seen as a potential role model. Discussions are expected to focus on how to balance growth with fiscal responsibility.
The initiative follows recent reports on public spending inefficiencies. While no immediate action has been announced, the call for dialogue signals a shift toward regional economic cooperation. The outcome could influence how African countries approach financial planning in the coming years.
