Coronavirus will put severe strain on Nigeria’s budget – Finance minister

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The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said the novel Coronavirus, which had led to a huge drop in crude oil prices worldwide, would put a severe strain on the Feder

al Government’s budget.

Ahmed said these at a consultative roundtable with the Governor of the Central Bank of Nigeria, Godwin Emefiele. “These strong headwinds would reinforce the wake-up call to life without oil. But that should not spread panic and speculation in our economy.

 

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I hope they get affected too

It is a serious issue for all of us but, really, Nigeria is trying. I see Naira devaluation, lower interest rate to encourage to spend and invest to grow local industries.

Excuses, Corona virus is affecting global economy no doubt. But why will Naija's own be different? No contingency plan of course.

...but we are saving so much funds from medical tourism nah. You see, nobody is going for medical treatment abroad again. A very good time for EFCC to clamp down of political thieves, they wont claim illness or ask for treatment abroad.

If Nigeria believe in Made in Nigeria, I don't think this would have been an issue. You see why it's important to Made in Nigeria is important?

What have dey achieved with d previous budget, let all project ongoing be concluded first, all of them should go and take a break

Your spouse cheat on you, blame corona virus. Everything will be blamed on corona 🦠

As it's straining other budgets around the globe. Tell us what you are doing to help out.

Before the outbreak of coronavirus what effort has the OfficialAPCNg led NigeriaGov made to fix the economy...always making excuses.

When we are a country where our economy is solely determined by what happens in other countries.

Point of correction on buhari s salary and allowances so increase it

SCAM!

This government is not very serious about developing other sectors especially agriculture. It's obvious from every indices available. I challenge FmardNg and any other government agency to show us the results of their inputs(if any) in growing other sectors.

That means less money to share

Any small opportunity, these ppl will want to cash out by all means.

See your life? Meanwhile America just signed more than $3bn to combat the virus and ensure economic liquidity with a conventional propensity to produce and consume, you’re here injecting fear and biting your sorry nails thinking we don’t know the deficit global oil crach is causg

Excuse for failure, last year there was not virus what was your excuse for failure?

Covid_19 is affecting economy worldwide and you are complaining of Nigeria's budget! Does Nigeria economy operates in isolation? You better brace before you put us at the receiving end! FMHDSD NigeriaGov FinMinNigeria MBuhari jidesanwoolu HallidayInc Sijax07

Dem wan chop money

Simply say oyel price eyaf come down. Tell gmb to talk to saudi using his body language

The most useless president and ministers in the History of Nigeria. What would have happened if the North were to be on their own with their own country?

The leaders in this county are so stupid and useless mitchew

What is she now trying to say?

What was the implementation index years before the newly announced coronavirus? The budget has been on severe strain before the birth of the virus

I pray coronavirus visit out legislators

Why are you shouting it means you can't manage the economic

Increase the tax on hungry Nigerians by the time you see zombies on the street then you will know how hard Nigerian suffering

When empty brains gather that is the kinda thing you hear.. please loot as usual and leave sister Corona for her corner she no get hand for the failure of the economy nor budget rather lier virus have done more harm than good to the economy and budget.

She sef wan cash out. Shebi healthy minister don pocket 620mills on top am

Pay February salary to workers first.

With or without d virus have d country have never offered anything to d citizens only corruption failed structure that's what Nigeria enjoy from our evil rulers cos we don't have leaders

Na God hand we dey with our I'll equipped health care.😰

God don’t want you to borrow

That is very good, all the money they stole should be used to fill up the budget, at least more than 60% of the budget is still going back into their pockets

Our Minister, you're doing well.

Excuses

Our legislooters should at least be patriotic for once by cutting their jumbo pay.

Fear God ooo madam Finance Minister.

How?

paulpius012 You're thinking about the money, what about the life of the citizens?

The law makers should also feel the crona breeze by slashing there salaries as it affects the economy.....

Profer d needed solution asap Zainab that's d reason u wia appointed finance minister

They have started again 🙆🙆🙆

I think that's good for us maybe we will be forced to think and harness our best brains and human assets.

Our looters should pity us, they should loot small this time around

Thieves

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