$22.7 billion loan request meant for infrastructure - FG

Minister of Works and Housing, Babatunde Fashola, Minister of Finance, Zaynab Ahmed and Minister of State, Transport, Gbemisola Saraki, made this known in a public hearing before the joint house committees on Tuesday.According to the Debt Management Office, Nigeria’s Total Public Debt Portfolio as at June 30 stood at $83.88 billion .

The ministers, however, presented the same proposal at 22.7 dollars and gave reasons why the country should have funds as soon as possible.The Minister of Finance said Nigeria had a revenue generating challenge and stressed the need to invest in sustainable projects that would generate revenue.“So that we can address the deficit that we have. We know we must comply with some criteria; every Kobo borrowed will be judiciously used,” she said.

“We have passed budget of several hundreds of billions, but the reality is that over four years, we have never received full funding for any budget. And the reason is simple, there is a deficit, and we cannot finance it.

You once said they are in good shape bro

This guys just want to wreck thus country and jappa

Have a feeling they are not coming back 2023, now is the time to take all

We borrow for infrastructure and you all gather and wrote all the money from oil and taxes

Please we don't want those infrastructures again, please!

We don't want such infrastructure!

Stomach infrastructure

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