FG Exceeds Loan Target By N1.12tn

today11/01/2022 10

share close

The Federal Government has exceeded its borrowing by N1.15tn for the period between January and August 2022.

A copy of the public presentation of the 2023 proposed budget by the Minister of Finance, Budget and National Planning, Zainab Ahmed, showed that the Federal Government planned to borrow N6.10tn in 2022.

A breakdown shows that the Federal Government planned to get N3.53tn from domestic creditors and N2.57tn from foreign creditors.

Written by: Helen Obih

Rate it

Previous post


NDLEA Declares Lagos Drug Baron Wanted

The National Drug Law Enforcement Agency has declared Ademola Kazeem, wanted over offences bordering on drug trafficking and money laundering. In a statement signed by its Director, Media and Advocacy, Femi Babafemi, on Tuesday, the agency declared the Lagos socialite wanted as a result of his failure to honour its invitations following an order of a Federal High Court in Lagos on October 17, 2022. The anti-drug agency revealed that […]

today11/01/2022 18

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

Our customer support team is here to answer your questions.
error: Alert: Content is protected !!