Tag: BORROWING
Rivers: Fubara Debunks Claims Of Excessive Borrowing By His Administration.
Rivers State Governor, Siminalayi Fubara, has clarified that his administration has not been borrowing to fund governance, contrary to reports circulating in some quarters.Govenror...
2024 Budget: Tinubu Writes NASS, Seeks Approval For N1.77tn Fresh External...
President Bola Tinubu has written to the National Assembly, seeking approval of a fresh 1.767 trillion naira as new external borrowing plan in the...
Borrowings: Nigeria Piles Up N2.36tn Debt Stock In Three Months –...
Nigeria’s total public debt stock rose from N33.11trillion as of March 31, 2021 to N35.47tn as of June 30, 2021.This shows an increase of...
Nigeria’s Fiscal Crisis Links To Poor Revenue – IMF
The International Monetary Fund (IMF) has identified the major fiscal challenge faced by Nigeria as “its very low revenue” and not its debt burden.The...
Finance Minister Explains Why Nigeria Is Borrowing $3b From World Bank
The Minister of Finance, Budget and National Planning Zainab Ahmed has said the three billion dollars loan from the World Bank would be used...
