Tag: borrowing
13 states plan fresh N2.3tn borrowing
Thirteen states plan to borrow or get aid assistance of N2.31tn in 2024 to fund their budget deficits, a breakdown of their ...Nigeria can no longer rely on borrowing, Finance Minister tells Senate
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has disclosed that the country cannot rely on borrowing to ...Reduce govt borrowing from CBN, World Bank advises Nigeria
The World Bank Group has urged Nigeria to reduce government’s borrowing from the Central Bank if it wants to reduce the inflationary ...Prioritise revenue generation not increasing borrowings, DMO tells FG
The Debt Management Office has said there is an urgent need for the federal government to moderate the rising trend of borrowings ...Senate approves N3.6 trillion petrol subsidy, N8.4 trillion borrowing plan
The Senate on Wednesday rejected the recommendation of its committee to slash the oil subsidy fund in 2023 from N3.6 trillion to ...
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