Minister of Finance, Zainab Ahmed, has said that contrary to speculations, the country is not in debt crisis, but admitted that it has revenue generation problem.
Ahmed stated: “What we have is a revenue problem, our revenue performance by half year is 58 per cent. So, we have designed this Strategic Revenue Growth Initiative early this year which has three thematic areas.” The minister therefore called on Nigerians to support the present administration in solving Nigeria’s revenue generation problem, adding that though some reforms are tough, some actions must be taken.
He said that what the National Assembly seeks is to get a buyi-in from all stakeholders, stressing that he believed nobody is a fountain of knowledge, and even though the National Assembly is given full authority by the constitution to appropriate, they can’t do it alone.
Madam keep away from strong drinks.
If ur familiar with History, U will recall that a former head of state once said that 'Nigeria problem is not how to make money, but how to spend it' same still applies in the present Nigeria financeMinister
PublicSquareNG When you have a revenue crisis aka problem, will that not also impact negatively on your debt🤔🤔
Jesu
I don't understand. Hmmm may God help Nigeria
Nigeria does not have revenue problems but bad public administrators
Yes, just like Petrol subsidy which the lying President Buhari said would be over after fuel Price increase suddenly got rechristened as 'under recovery.'
obyezeks you see am, Ma?
She’s right
Revenue problem, Debt crisis, long and short is that we have money problem.
😳 With NNPC, FIRS, NPA, CUSTOMS, IMMIGRATION, JAMB... I dare say Nigeria has a 'spending' not revenue problem dear Honourable minister Ma. farooqkperogi cchukudebelu CACCOT1
Still the same thing Affidavit Executives words Please stop confusing yourself with simple English Inability to design good policy that help revenue generation leads to the Present $24billion dollars debt the country is owing presently Debt and Revenue are both Siamese