borrowing limit

Finance Minister Wale Edun Calls For End To Borrowing, Seeks Alternative Funding

Nov 17, 2023.Nov 17, 2023. by Ekohot Editor

Eko Hot Blog reports that the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has said that the country can no longer afford to rely on borrowing to fund the 2024 Budget. Edun stated this on Thursday when he appeared before the joint Senate Committee interrogating the 2024-2026 Medium Term Expenditure Framework … Read more

Nigeria Seeks Fresh N11 Trillion Loan, To Exceed Borrowing Limit In 2023

Aug 30, 2022. by Ekohot Editor

Nigeria has proposed N11 trillion new loan EKO HOT BLOG reports that the Minister of Finance and National Planning, Zainab Ahmed, has said the federal government will borrow over N11 trillion and sell national assets to finance the budget deficit in 2023. EDITOR’S PICK JUST IN: A’Court Reinstates Oborevwori As PDP Guber Candidate … Read more