The Federal Government is proposing a budget with estimates totalling N19.76tn, while the deficit will hover between N11.30tn and N12.41tn in the 2023 fiscal year. If the deficit settles at …
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Deficit
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Business
Senate President laments high budget deficit, explains NASS approval and how to reduce borrowings
by editorby editorPresident of the Senate, Ahmad Lawan, has lamented the huge deficit in the 2022 federal government budget figures and has suggested measures out of the situation. Not less than N5…
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Business
FG borrows fresh N5 trillion to finance deficit in Year 2022 N16.39 trillion budget, but no cause for alarm, says Buhari (+Full Speech)
by editorby editorThe total fiscal operations of the Federal Government in 2022 will result in a deficit of N6.26 trillion. But not to worry, the government will borrow N5 trillion to finance the…