Finance minister knocks Fitch, Moody

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The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has condemned the recent downgrades of Nigeria by credit rating agencies.

She said, “We are coping with a lot and we are doing the best we can under very difficult circumstances. But to have to cope with credit rating agencies working as if nothing has changed, not realising the kind of shocks we are suffering with, and assessing us and downgrading us for factors external to us even when we are putting our best efforts, we think it is a situation we realise we can’t change.

The minister further urged these credit ratings agencies to change their method of assessment to a more current system for a better assessment. “In this ministry, we engage every credit rating agency and provide everything they ask for. But it seems as if it is not enough. They have to be some support that we need to get. They themselves need to do things differently. You cannot be making the same kind of assessments you were making some time ago. Things are different. Things are not going. We have seen some of our sister countries really hurt,” she said.All rights reserved.

 

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Anakogheri

Always knocking everybody seriously is everybody wrong bout Nigeria

This minister for finance is evil.

Yeye woman 👩 you want to borrow and buy stationery and furniture madam consumption.

Thank you Fitch and Moody for downgrading her govt. With the amount of debt accumulated so far and the corruption General Buhari has been associated with, I don't think we need any more borrowing for consumption.

The next 8yrs should be for a Capable 001 not a master of delegating duties to members of his Political Party. Delegating duties is part of Politics but if d one delegating power is not fit to rule then his delegate will rule anyhow. Vote for Obi not Tinubu or Atiku.

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Retired Nigerian Military Personnel To Protest At Finance Ministry Over Unpaid Allowances | Sahara ReportersNigerian military personnel who are retired have set aside Monday to picket the Ministry of Finance, Budget, and National Planning, over their Security Debarment Allowances. This is contained in the letter written to the Minister of Finance, Budget, and National Planning, Zainab Ahmed to notify her of their plans. The ex-service men in a letter signed by its spokesman, Abiodun Durowaiye-Herberts, accused the ministry of failing to release the fund for the payment of their allowance despite the president’s approval. They are the same people killing and harassing Nigerians for bokohari? This one concern musa oo Pls give them their allowance. it’s not easy leaving ones family for months, sleeping in the middle of nowhere and eating rubbish just to be owed at the end of it all.
Source: SaharaReporters - 🏆 9. / 63 Read more »