Business
Again, Buhari Set To Borrow Trillions Of Naira To Fund 2022 Budget
The Federal Government planned to borrow about 4.89 trillion naira from internal and external sources to finance the deficit in its proposed 2022 budget of 13.98 trillion naira due to dwindling revenue.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, made this known in Abuja at an interactive session organized by the House of Representatives’ Committee on Finance on the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper.
The minister stated that the plan to borrow become necessary due to economic volatility occasioned by unstable global oil market as well as the effects of the COVID-19 pandemic.
-
News4 days ago
NLC announces indefinite strike action
-
Osun News4 days ago
Lagbaja: More revelations, as family, community speak on late COAS’s death
-
News6 days ago
Former President Buhari’s daughter gets new appointment
-
Osun News6 days ago
New Asiwaju of Osogboland emerged (Photo
-
Business24 hours ago
IPMAN Announces Reduction In Fuel Price
-
Metro/Crime3 days ago
Video: Bride Slumps, Dies On Her Wedding Day
-
News24 hours ago
Popular Ondo Prophetess Arrested
-
News6 hours ago
Late COAS Lagbaja’s body arrives Lagos (video)