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Nigeria: Revenue Crisis - Tough Measures Inevitable - Govt
Daily Trust, 24 October 2019
Additional tough economic measures will be taken to generate more revenues to fund the 2020 budget, the Federal Government said yesterday. Read more »
Zainab Ahmed, Minister of Finance, has said that in spite of Nigeria's huge external and domestic debt stock, Nigeria does not have a debt crisis, but rather has a revenue generation challenge.
(file photo).
Zainab Ahmed, Minister of Finance, says that the government has acquired a new loan of U.S.$3 billion from the World Bank to address transmission and distribution challenges in the ... Read more »
At least U.S.$81.27 billion is the state of Nigeria's current debt, with opposition Peoples Democratic Party leader Atiku Abubakar calling for an urgent redress of the situation ... Read more »
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