Minister of Finance Zainab Ahmed has assured that Nigeria's borrowing still remains healthy at 19 percent to the Gross Domestic Product, which is low compared to Ghana, Brazil, South Africa, Egypt and Angola. Ahmed also maintained that there is no intention to remove the fuel subsidy.
Debt Still Low, No Removal of Fuel Subsidy Yet - Minister
Premium Times, 24 April 2019
Nigeria's debt, which is about 19 per cent of the country's Gross Domestic Product (GDP), is still considered low among developing economies, the supervising minister of finance,… Read more »
At 19%, Govt's Borrowing-to-GDP Still Low - Minister
This Day, 23 April 2019
The federal government has reaffirmed its position that in spite of the growing apprehension over the nation's mounting debt profile, Nigeria's borrowing still remains low at 19… Read more »
Nigeria's Unending Fuel Subsidy Debate
This Day, 24 April 2019
Obinna Chima writes on the raging debate over the fuel subsidy regime in Nigeria Read more »
Our Borrowing Still At 19% to GDP - Finance Minister
Daily Trust, 24 April 2019
The Minister of Finance, Mrs. Zainab Ahmed, has assured that Nigeria's borrowing still remains healthy at 19 per cent to the Gross Domestic Product (GDP); which is low compared to… Read more »
The IMF has cautioned that if loans are taken from China, that the terms and conditions are strictly followed according to the guidelines set by the Paris Club, an informal group ... Read more »
The Minister of Finance, Zainab Ahmed, says that the government will not remove the subsidy because there are no buffers to cushion the effects of such a move. Ahmed was speaking ... Read more »
The Federal Airports Authority of Nigeria has issued a notice to private and state-owned airports in Nigeria to settle their debts or be shut on May 1. Murtala Muhammed II terminal ... Read more »
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