Nigeria borrows N7 trillion to finance 2021 budget – Afrinvest

August 6, 2022

Nigeria’s financial status deteriorated in 2021 as the nation’s expenditure surpassed revenue resulting in a fiscal deficit of N7.3 trillion instead of N6.44 trillion approved in the 2021 Appropriation Act, a new report by Afrinvest has shown. The extra borrowings came from the domestic creditors, foreign creditors and the Central Bank of Nigeria’s Ways and […]

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Art and Culture

FG Okays N24bn for One Modular Irrigation Project In Adamawa

Deji Elumoye in Abuja The Federal Government has approved N24 billion for the National Agency for Science and Engineering Infrastructure (NASENI) for the execution of a smart modular irrigation project in Adamawa state. Executive Vice Chairman/CEO of NASENI, Professor Mohammed Sani Haruna, who made this known to newsmen Friday afternoon meeting with President Muhammadu Buhari at the State House, Abuja, said the new funding approval by the President was for […]

August 5, 2022 1