The emergence of online newspapers has been described as a new window that can support national development if properly harnessed by public and private institutions.
Director General of the Debt Management Office (DMO), Abraham Nwankwo, made the assertion on Friday during a one-day workshop organized by DMO for Online Publishers in Lagos.
The participants were drawn mainly from members of the Guild of Corporate Online Publishers (GOCOP) led by its President, Malachy Agbo.
The DMO boss noted that online publishing has become a force to reckon with worldwide, saying Nigeria should also take advantage of the new window to ensure timely dissemination of information.
He therefore, charged Online Publishers who are all GOCOP members to see themselves as “very valuable partner in the development of our country”.
While calling for strong partnership between Online Publishers and DMO, Nwankwo stressed further that “Online Publishers must not undervalue or devalue their roles in national development”.
The DG said the workshop was organized as part of DMO’s enlightenment programme, saying Online Publishers as critical stakeholders should assist his office to further enlighten the public on the activities of DMO.
DMO’s Director (Market Development), Ms. Patience Oniha’s spoke about borrowing especially from the International Capital Market (ICM) while Dele Afolabi (Head of Portfolio Management), spoke on processes and procedures for borrowing either from bilateral or multi-lateral sources.
The third paper presented by Hannatu Suleiman, Director (Debt Recording and Settlement) dwelt on debt settlement, stakeholders involved and control measures.
On her part, Asmau Mohammed, Director (Strategic Progrmmes), spoke about functions and activities of DMO since inception.
In his brief remarks, GOCOP President, Agbo, thanked the DMO Boss, Nwankwo and his management team for deeming it fit to partner with Online Publishers and assured that the Association will tap into the window of opportunities provided in the GOCOP/DMO collaboration.
Established by Debt Management Act 2003, DMO is responsible for maintaining reliable database of all loans taken or guaranteed by the Federal, State or any other agencies; prepare and submit to the FG a forecast of loan service obligations for each financial year among others.
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