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ECONOMY-FINANCE

FG uncomfortable exceeding borrowing limit – Minister

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the federal is extremely uncomfortable with the very fact that it exceeded the borrowing threshold within the Fiscal Responsibility Act. Ahmed, who spoke at the ongoing 27th National Economic Summit in Abuja on Monday, said the Federal Government planned to scale down borrowing in the coming years.

  3 months ago ago
FG uncomfortable exceeding borrowing limit – Minister

POLITICS

El-Rufai Blows Hot, Says Those Against Restructuring Not Speaking For North

Governor Nasir El-Rufai has restated his position on the clamour for the restructuring of Nigeria, saying that the northerners kicking against calls were not speaking for the north. It was gathered that the governor said the committee that produced the draft bill on restructuring had to step it down to prevent the bill from being politicised. According to him, the draft bill was submitted to the federal Govt in January 2018 by the El-Rufai-led committee. Governor El-Rufai, while speaking in Abuja on Tuesday,

  1 year ago ago
El-Rufai Blows Hot, Says Those Against Restructuring Not Speaking For North

POLITICS

"Who Are They Speaking For? "- El Rufai Is Angry At Northern Governors Who Are Against Restructuring

Kaduna State Governor, Mallam Nasir El-Rufai is one of the most outspoken Governors in Nigeria with the ability to air out his opinions without fear of what might come at him. In 2018, a draft bill on Restructuring was produced by a committee led by him and it was lauded by all parts of the Country but he spoke recently where he said the Bill was stepped down to avoid politicization of it. Mallam Nasir El Rufai El Rufai Led Committee on Restructuring, 2018 He was speaking at the Speaking in Abuja on Tuesday

  1 year ago ago

ECONOMY-FINANCE

Minister of Finance says Nigeria is heading towards Recession again

Minister of Finance, Zainab Ahmed, announces that Nigeria is heading towards another recession, despite all foreign loans and donations. The Minister of Finance, Budget and National Planning, Zainab Ahmed, has stated on Thursday, that the coronavirus pandemic and the falling of Oil prices, are set to force the economy into a negative growth. Zainab Ahmed made the comments after the National Economic Summit, NES, meeting in Abuja on Thursday. Her words: "On the economy, COVID-19 pandemic has resulted in the

  1 year ago ago
Minister of Finance says Nigeria is heading towards Recession again

ECONOMY-FINANCE

Nigeria Heading Towards Recession – Finance Minister

Nigeria Heading Towards Recession– Finance Minister. By ChannelsTv Following the increase in cases of Coronavirus pandemic across Nigeria, the Minister of Finance has disclosed that Nigeria economy is gradually going down ever since the falling of Oil prices in recent times. It was gathered that the Honorable minister Zainab Ahmed made this known while in National Economic Summit meeting in Abuja on Thursday. She also said that The National Bureau of Statistics (NBS) has made an assessment, which shows th

  1 year ago ago
Nigeria Heading Towards Recession – Finance Minister