Nigeria, March 28 -- Tope Fasua, the special adviser to President Bola Tinubu on economic affairs, has urged Nigerian leaders to utilise government borrowing to create productive ventures that add value to the country's economic development.

He made this point while speaking at an event on Thursday at the Nile University, Abuja.

The event, themed 'Public Debt Sustainability and Fiscal Responsibility in Nigeria', was organized by the Faculty of Arts and Social Sciences (FASS) of the university as part of its 4th annual lecture series.

Addressing the gathering, Mr Fasua explained that responsible spending to build projects that can lead to prosperity and stand the test of time is preferable than "focusing on frivolities."

"It is better ...