• HOME
  • News
  • Politics
  • Sport
  • Features
  • Security
  • Foreign News
Facebook Twitter Instagram
Trending
  • Independence Day: LG Candidate Preaches Unity, Perseverance To Overcome Nation’s Challenges
  • Nigeria @ 63: Adeduntan Preaches Unity, Love Among Nigerians
  • Victory For APC As Dapo Abiodun, Ahmed Aliyu Wins In Ogun, Sokoto
  • HoS inaugurate Two More Committees To Review Public Service Rules, Others
  • know Nothing About How MohBad Died – Sam Larry
  • SDGs: Jenyo’s Jaundiced Statement Confirms He’s Unworthy Of Holding Public Office
  • FG Partners UAE On Humanitarian and Poverty Alleviation Support Programmes
  • Edo 2024: Osunbor Receives Roual Blessings Of Oba Of Benin, Eware II
Facebook Twitter Instagram
Nigerian Alert
  • HOME
  • News
  • Politics
  • Sport
  • Features
  • Security
  • Foreign News
Nigerian Alert
Home»News»No Plan To Borrow To Finance Nigeria’s Economy- Finance Minister

No Plan To Borrow To Finance Nigeria’s Economy- Finance Minister

EditorBy EditorAugust 29, 20231 Min Read
WhatsApp Facebook Twitter Email Telegram LinkedIn
Share
WhatsApp Facebook Twitter Email LinkedIn Telegram
Top Ads

No Plan To Borrow To Finance Nigeria’s Economy- Finance Minister

Tuesday August 29, 2023

The Minister said Federal Government has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation.

The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, revealed this at the end of the inaugural Federal Executive Council meeting on Monday in Abuja.

He said that the benefit of the subsidy removal would be ploughed back into various sectors aimed at boosting government revenue and improving the business environment for local and foreign investment.

Mr Edun said that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.

He reiterated the President Bola Tinubu-led administration’s desire to bring back the economy from the wood it has found itself over time.

Bottom Ads
Share. WhatsApp Facebook Twitter Telegram Email LinkedIn
Previous ArticleGod Deserves Praises, Says Christan Cleric
Next Article United States Of America Based Prince Olawale Sefiu Oyebola Emerges 30th Aseyin

Related Posts

Independence Day: LG Candidate Preaches Unity, Perseverance To Overcome Nation’s Challenges

October 1, 2023

Nigeria @ 63: Adeduntan Preaches Unity, Love Among Nigerians

October 1, 2023

Victory For APC As Dapo Abiodun, Ahmed Aliyu Wins In Ogun, Sokoto

September 30, 2023

Leave A Reply Cancel Reply

Ads
Ads
Facebook Twitter Instagram Pinterest
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
© 2023 Nigerian Alert. Designed by Samtech Media.

Type above and press Enter to search. Press Esc to cancel.