onlinenewsngr
  • Home
  • News
  • Entertainment
  • Economy
  • Health
  • Education
  • Politics
FREE SUBSCRIPTION
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Economy
  • Health
  • Education
  • Politics
No Result
View All Result
onlinenewsngr
No Result
View All Result

Nigeria will continue to borrow to build infrastructure- FG

February 26, 2021
in News

Buhari

The federal government on Thursday insisted that it will continue to source for external loans to execute infrastructural projects across the country.

It also plans to send 2021 supplementary budget to take care of COVID-19 palliatives to the National Assembly for approval in March.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, who made this known during a press briefing at the State House, Abuja justified the need for government to continue to borrow to provide basic infrastructural facilities, saying: “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.”

She also hinted of plan by government to present a 2021 supplementary budget to provide for COVID-19 palliatives to the legislative arm for approval by March, while a mid-year review of the budget will take place in June.

 

Kindly Follow Us On Twitter


Tags: FGinfrastructure

Related Posts

US based

Police, pro-Biafra group disagree over arrest of 57 agitators

May 31, 2021
Resident doctors

BREAKING: Resident doctors extend strike ultimatum by two weeks for FG

May 30, 2021

BREAKING: Bandits on rampage in Niger town

May 30, 2021

Police arrest ‘internet scammer’ for ‘killing’ twin brother

May 29, 2021

EFCC arrests ‘Pinkoin’ investment scheme operator over ‘N32m fraud’

May 29, 2021

BREAKING: Scores killed as troops repel B’Haram attack in Borno

May 29, 2021

Latest

Serial rapist sentenced to 1,088 years for defiling 56 victims

Mr P, Rudeboy should hug it out after Chelsea win, says Ebuka

Actress Nkechi Blessing vows to beat up colleagues who secretly go for surgeries yet use slimming tea as disguise

Marriage shouldn’t cross your mind if you’re struggling — Nigerian Man writes

Police, pro-Biafra group disagree over arrest of 57 agitators

Buhari to inaugurate Lagos-Ibadan standard gauge June 10

Prev Next

© 2019 onlinenewsngr

Navigate Site

  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Advert Rates
  • Terms

Follow Us

No Result
View All Result
  • Advert Rates
  • Free Subscription
  • Home
  • News
  • Entertainment
  • Politics
  • Economy
  • Education
  • Health

© 2019 onlinenewsngr