The Minister of Finance, Budget and National Planning, Zainab Ahmed, said Nigeria’s economy remained the largest in Africa with over 400 billion naira in Gross Domestic Product GDP.
The minister said this at the 21st edition of Town Hall Meeting on the achievements of the Federal Government in infrastructure development held in Abuja.
Zainab said that with over 400 billion naira in GDP and about 200 million people, Nigeria’s huge and growing population still offers economic challenges and opportunities.
While pledging Federal Governments commitment to continue to prioritise spending on infrastructure, the minister explained the ministry planned to spend about 1.42 trillion naira in 2022.
She said that bilateral and multilateral loans financing critical infrastructure were contracted within the framework of the 2020-2023 Medium-Term Debt Management Strategy.
