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Borrowing

N13trn Deficit To Be Funded Through Borrowing – Edun

TheNigerian Dec 16, 2024 0

Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has disclosed that the N13 trillion deficit in the proposed N48 trillion 2025 budget will be financed…
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FG plans fresh N31tn borrowing, total debt may hit N170tn

TheNigerian Nov 19, 2024 0

The Federal Government plans to allocate a significant portion of its budget to debt servicing over the next three years, surpassing…
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Zamfara faults DMO report, denies borrowing N14.26bn

TheNigerian Apr 1, 2024 0

The Zamfara State Government has refuted a report by the Debt Management Office that it borrowed N14.26 billion. In the latest sub-national debt – domestic and…
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Budget Office backs Lawan on borrowing, says Nigeria poor

Toby Prince Jun 25, 2021 0

THE Budget Office of the Federation says Nigeria must borrow to exit recession, noting that the country is poor. Director General, Ben Akabueze, made this known in reaction to…
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Why FG is borrowing to expand infrastructure – Fashola

Toby Prince Jun 20, 2021 0

MINISTER of Works and Housing, Babatunde Fashola, has defended the Federal Government’s resort to loans to expand infrastructure in the country. Fashola, who spoke in Abuja at NAN…
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