Nigeria Will Borrow More Money To Build Infrastructure – Finance Minister | Sahara Reporters

  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Nigeria Will Borrow More Money To Build Infrastructure – FinMinNigeria Minister | Sahara Reporters It also plans to send the 2021 supplementary budget to address the COVID-19 palliatives to the National Assembly for approval in March. READ MORE:

The Nigerian government has said it will not stop to source for external loans to implement infrastructural projects across the country.This was contained in a press briefing made by the Minister of Finance, Budget and National Planning, Zainab Ahmed in Abuja on Thursday.

The Minister, at the State House, defended the necessity for the government to continue to borrow to provide basic infrastructural facilities saying that the country will degenerate economically if it stops borrowing. “If we say we will not borrow and therefore not build rails and major infrastructure until our revenue rises enough, then, we will regress as a country. We will be left behind, we won’t be able to improve our business environment and our economy will not grow,” Zainab said.

While speaking about the plan of government to present a 2021 supplementary budget to provide for COVID-19 palliatives for the approval of the legislative arm, she said the mid-year review of the budget will hold in June.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

angelwettt FinMinNigeria As a finance minister can't you think beyond 'borrow me' ?

FinMinNigeria Haba Hajiya borrow again

FinMinNigeria !,!

FinMinNigeria FCC ji0009 l

FinMinNigeria Please don’t build anything. Just complete your tenure and leave. We are fine without any project. Thank you

FinMinNigeria Pls, what again is the name of this borrow borrow minister?

FinMinNigeria Even to pay salary

FinMinNigeria I knew nothing good will ever come out of Buhari's ministers or his spokes people, the best they ever think of is the worst Nigerians will ever receive and th err y will defend their wickedness and foolishness at the glaring of the whole word to see... highly disappointed...

FinMinNigeria What more do you know than to borrow please?

FinMinNigeria Eya

FinMinNigeria Kwantinue, borrow borrow government.

FinMinNigeria The small one wey manage dey una carry dey give bandits

FinMinNigeria It is better you all sell the country called nigeria than all this systematic way you are going about the issue

FinMinNigeria Kuku sell the country 😁

FinMinNigeria Ayo_olann tajudine2013 ChiefOjukwu Prepare for more turbulence unless you go for oduduwa.

FinMinNigeria No need to borrow, kuku sell the country

FinMinNigeria Thats Aso-Rocknomics!

FinMinNigeria

FinMinNigeria God, this people don finish us!

FinMinNigeria Unqualified Nigeria finance minister controlled by fulani criminals planning to borrow another money for fulani terrorists. I pray no country or IMF will borrow Nigeria money.

FinMinNigeria Borrow for der pockets na!!! Dem sabi complan before work! See as palliative member belle swell like 50ltrs!!

FinMinNigeria Na wa oooo

FinMinNigeria What did the government did with the trillions borrowed in the past? NOTHING!!! More money borrow is debt passed to current and future generation to come. So why is the Nigerian government continue to in debt the nation? MoneyIsBorrowedNothingIsDone

FinMinNigeria Make den kuku sell the country to build infrastructure now. Abi waiting remain

FinMinNigeria Madness everywhere in the zoological republic of Nigeria

FinMinNigeria Mrs loanard don come again. U no go see her again until another loan

FinMinNigeria Covid19 palliatives for IDP’s abi?

FinMinNigeria The problem is not borrowing but using it for what it’s borrowed for.

FinMinNigeria Ndi ara, borrowing after looting

FinMinNigeria This woman should be arrested after Buhari regime to give account of how she embezzle and empty Nigeria account.

FinMinNigeria This one na minister?

FinMinNigeria All the funds being generated from all this ministries,... , what is the government using em for?

FinMinNigeria 'Ever Closer'

FinMinNigeria They want to borrow untill Nigeria wouldn't be able to pay and they will run to Niger Republic

FinMinNigeria Borrow Borrow FC... Why not just sell the country to people that actually care about development instead of always borrowing..

FinMinNigeria Gbese re o. We no dey tire.

FinMinNigeria Awon akotile ta gbo gbo.....Oni gbese buruku! Why infrastructure? Over bloated budgets which will end up uncompleted?

FinMinNigeria Let us continue borrowing 🤣

FinMinNigeria Yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh yeh FinMinNigeria

FinMinNigeria A collosal disaster that is being ignored

FinMinNigeria Please enough of the borrowing

FinMinNigeria This woman shaaaa.....haba!!!!!!!!

FinMinNigeria The one wa una done build don do bikonu....make una no build again stop de borrowing and concentrate more on working with what you have now.

FinMinNigeria Abi to give terrorists

FinMinNigeria May your Allah remove that your mouth

FinMinNigeria Madam borrow borrow.its like she has a phd in borrowing

FinMinNigeria Make una kuku sell Nigeria.

FinMinNigeria Very clueless on innovative steps

FinMinNigeria You will be the first the new president will arrest! Your own will be house arrest,you will just be bringing names,excel sheets of pple you transfered money to! There will be doctor in the house where they will keep you. Ofcourse your passport will be seized

FinMinNigeria If you don't support Referendum now your lamenting will be forever

FinMinNigeria Is better Government sell the country to collect bigger money naa why una de doll

FinMinNigeria Infrastructure in their wallets to hide more money, great job!

FinMinNigeria Borrow us out, please

FinMinNigeria The question is who will borrow us the money ? and what are we going to use as collateral ? Cause we have already used the entire country to borrow money What remains BabiAllah gov 😡😡

FinMinNigeria Correct guy.. I believe you

FinMinNigeria What palliative? You mean phase 2 of sharing palliatives as souvenirs or the part where no Nigerian will ever receive it? Tell another lie

FinMinNigeria This woman that feed children that are in their parents houses for months....she will soon borrow to feed the presidency

FinMinNigeria Any country lending money to this administration is sponsoring Terrorists.

FinMinNigeria Make una No Borrow Again... Abegi!... Shebi them fit Print Money.. Abi wahala dey if una Print Money 2 Spend.. Why Borrow..

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines