The House of Representatives is currently considering an amendment to the 2020 appropriations act following a request by the President, Muhammadu Buhari.
IDB will also support Nigeria with $600million to respond to the challenges from COVID 19, while AfDB is expected to lend Nigeria $148million to strengthen the healthcare system and improve response to COVID-19 and financing smallholder farmers to mitigate food security. Leading the debate on the budget, the Majority Leader, Hassan Ado Dogwa asked the committees to approach its work as a usual business but implore them to do a thorough job.
The definition of insanity is doing the same things over and over and expecting different results.
Total madness Chief borrower...
Must we borrow
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Nigeria attracted $5.85bn capital inflows in Q1, 2020The National Bureau of Statistics (NBS) on Tuesday reported that Nigeria attracted $5.85 billion capital importation in the first quarter of 2020, representing about 31.19 percent decline from the …
Source: Daily Trust - 🏆 13. / 51 Read more »
BREAKING: Buhari Seeks Fresh $5.513bn Loan To Finance Revised 2020 BudgetBREAKING: Buhari Seeks Fresh $5.513bn Loan To Finance Revised 2020 Budget Lol..... This Man has ultimately destroy the future of this country. Batten down the hatches. Storm is coming
Source: channelstv - 🏆 7. / 63 Read more »
Capital Importation Rises by 54% to $5.85bn in Q1 - THISDAYLIVEJames Emejo in Abuja The total value of capital importation into the country rose to $5.85 billion in the first quarter of the year (Q1 2020), representing an increase of $2.05 billion when compared to $3.80 billion in the preceding quarter, according to the National Bureau of Statistics (NBS). This represented an increase of 53.97 …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
BREAKING: Buhari writes Reps, seeks fresh $5.513bn loanPlease can someone here assist me with 2K or even 1K to buy Foodstuff at home ? pls don’t let hunger finish me please , I don’t mind any amount sef even if it’s to buy foodstuff even if it’s Only Garri and Beans that i can get . pls help me retweet also 🙏😩 My Dm is Open pls The rate at which we borrow is becoming alarming in this country due to little or no visible impact & repayment plan left for next administration or generation. It is imperative that accountability should follow and questions asked. Is becoming too much of this old lazy men in power
Source: MobilePunch - 🏆 8. / 63 Read more »
Buhari seeks Senate approval for $5.5bn external loanPresident Muhammadu Buhari has sought the Senate approval for a fresh $5.513 billion external borrowing to finance some projects in the 2020 budget. He made the request in a letter read by the Sena… Who did we offend? What's happening ooo.... This country!! Some people are going to become rich! Am sorry for this country
Source: Daily Trust - 🏆 13. / 51 Read more »
COVID-19: Rivers Government cuts 2020 budget by nearly halfRivers State Government has slashed its 2020 budget size by nearly half, 48% from N530,813,357,619.00 Billion to 300,370,071,183.00 Billion.
Source: vanguardngrnews - 🏆 5. / 75 Read more »