Business
FG To Borrow N7.8trn For 2024 Budget Deficit
President Bola Ahmed Tinubu said on Wednesday that his government will finance the 2024 budget with borrowing of about N7. 8 trillion.
While a presenting his first budget to the National Assembly, the President said he expect the nation’s economy to grow by 3.7 percent in 2024, far above the 3.0 percent global prediction.
Tinubu said that as of September 2023, government revenue inflow stood at N8.6 trillion.
,,,,,He said despite the shortfall, government has continued to meet its obligation to the people.
,,,,,Top 9 Hacks To Keep Your Relationship Healthy And Positive
Inspire Dot
He also said that the government will work out a more modest way of funding education, including the students loans expected to commence in January 2024 while also working our ways of addressing standing issues in the country.
,,,,,,,The President asked the lawmakers to critically review the estimate and ensure that only projects that are in line with the mandate of the government are allowed to sail through.
-
Celebrities3 days agoOriyomi Hamzat hospitalised after Ibadan stamdpede
-
Metro/Crime5 days agoNigerian varsity lecturer assassinated
-
News3 days agoOoni’s Ex-Wife Arrested Over Alleged Death of 35 Children In Ibadan
-
News3 days agoOoni breaks silence over Ibadan stamdpede, sends message to party involved
-
News5 days agoState Govt seals churches, other establishments
-
Politics5 days agoBola Tinubu Approves Eight New Appointments (Full List)
-
Osun News1 day agoOsogbo agog as Osun former Deputy Gov, Titi Tomori-ponle launches TTP Foundation
-
Politics2 days agoCourt Sacks APC State Chairman