Posts Tagged ‘FG’

FG debunks rumors 40% of $22.7bn loan to be paid to consultants

by Ikokwu Ikembaon March 13, 2020
The presidency released a statement denying claims that it had the intentions of paying 40% of the $22.7 billion loan approved by the National Assembly, to consulting firms. They stated that these rumors are false. The Nigerian Government negotiates directly with the bilateral & multilateral lenders involved. There are no middlemen. The general public should […]

CBN says FG recorded N4.62tn fiscal deficit in 2019

by Seun Adeuyion January 29, 2020
Figures obtained from the Central Bank of Nigeria (CBN) have revealed that the Federal Government recorded a fiscal deficit of N4.62tn in its operations in the 2019 fiscal period. The 2019 budget which was signed by Nigerian Ruler, Muhammadu Buhari, had capital expenditure of N2.09tn, recurrent expenditure of N4.05tn, statutory transfers of N502bn, and special […]

Coronavirus: Five Nigeria airports under surveillance – FG

by Seun Adeuyion January 29, 2020
As part of efforts to detect suspicious cases of coronavirus and ensure containing it at all points, the Federal Government on Tuesday said there was high-level inter-ministerial consultation towards setting up a multisectoral committee to scale up surveillance and vigilance. Speaking in Abuja during a press conference called to begin national sensitisation and health awareness […]