In spite of persistent agitations in some quarters against the frequent borrowing by the current administration… The Federal Government has disclosed plans to finance the proposed 2022 budget deficit pegged at ₦6.258 trillion through fresh borrowings. Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this during a press conference after the Federal Executive … Read more
Ahmed had, in February, said a supplementary budget will be needed to cover the cost of COVID-19 vaccinations, for which there was no provision in the 2021 finance bill adopted in December The Minister of Budget and National Planning, Zainab Ahmed, on Wednesday, disclosed that the federal government is proposing to spend the sum of … Read more
Ahmed had revealed the government’s plan to sell public assets to partly finance the ₦13.58 trillion 2021 budget Civil society group, SERAP had asked the National Assembly to stop the federal government from selling public assets to fund the 2021 budget YOU MAY ALSO LIKE Recession: “Cut Cost Of Governance”, SERAP Urges Buhari FG Inaugurates … Read more
NOVEMBER 14, 2020 Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said that the Federal Government, is in the process of acquiring a 750 million dollar loan, from the world bank to help states mitigate the effects of COVID-19. The loan, according to her, is to help stimulate the local economy and support … Read more
– FEC has approved release of funds for phase one of Siemens AG power deal – The Minister of Finance, Budget and National Planning made this know in Abuja at the end of the 10th Virtual FEC meeting – She explained that the money is for the counterpart funding for the bilateral credit facility from … Read more