Business
FG To Borrow N7.8trn For 2024 Budget Deficit
President Bola Ahmed Tinubu said on Wednesday that his government will finance the 2024 budget with borrowing of about N7. 8 trillion.
While a presenting his first budget to the National Assembly, the President said he expect the nation’s economy to grow by 3.7 percent in 2024, far above the 3.0 percent global prediction.
Tinubu said that as of September 2023, government revenue inflow stood at N8.6 trillion.
,,,,,He said despite the shortfall, government has continued to meet its obligation to the people.
,,,,,Top 9 Hacks To Keep Your Relationship Healthy And Positive
Inspire Dot
He also said that the government will work out a more modest way of funding education, including the students loans expected to commence in January 2024 while also working our ways of addressing standing issues in the country.
,,,,,,,The President asked the lawmakers to critically review the estimate and ensure that only projects that are in line with the mandate of the government are allowed to sail through.
-
Celebrities6 days ago
Ex-Supper Eagles Player, Babangida Dies, Buried (Photo)
-
Politics4 days ago
Tinubu Reacts To Rivers Political Crisis, Sends Strong Message To Wike, Others
-
Politics6 days ago
Famous Nollywood actress gets federal appointment (Photo)
-
Education4 days ago
Varsity Lecturer Stripped Naked Over Alleged S3xual Harassment
-
Metro/Crime5 days ago
64 Suspected Internet Fraudsters Arrested In Osun
-
Osun News2 days ago
Gov Adeleke Installed As Asiwaju Of Edeland
-
Celebrities5 days ago
Singer Davido declares retirement from music
-
Osun News11 hours ago
Bank Manager Arrested By Police In Osun Over Alleged N650.8m Fraud