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Tag "Loans"

Amaechi: There’s too much noise around FG’s loans — we don’t borrow for all projects

    Amaechi: There’s too much noise around FG’s loans — we don’t borrow for all projects

Rotimi Amaechi, minister of transportation, says the country wouldn’t have achieved its current level of infrastructural development without loans. Amaechi spoke on Friday when he featured as a guest on

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Senate approves Buhari’s $16bn, €1bn loan requests

    Senate approves Buhari’s $16bn, €1bn loan requests

The senate has approved $16,230,077,718 and €1,020,000,000 loans requested by President Muhammadu Buhari. The upper legislative chamber also approved grant components of $125 million. The president had requested the facilities

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‘It’s sabotage’ — Lawan tackles MDAs for failing to defend FG’s loan request

    ‘It’s sabotage’ — Lawan tackles MDAs for failing to defend FG’s loan request

Senate President Ahmad Lawan has accused some ministries, departments and agencies (MDAs) of sabotage for failing to appear before the committee on local and foreign loans to defend loan requests.

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Lai: FG has a lot to show for loans taken — there’s road project in every state

    Lai: FG has a lot to show for loans taken — there’s road project in every state

Lai Mohammed, minister of information and culture, says the federal government has a lot to show for all the loans it has taken. Mohammed said this on Thursday at a

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Southern, middle belt leaders: No more loans for Nigeria — it’s a disputed project

  Southern, middle belt leaders: No more loans for Nigeria — it’s a disputed project

The Nigerian Indigenous Nationalities Alliance for Self-determination (NINAS) has urged global financial institutions to stop giving loans to Nigeria. NINAS,

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‘Nigeria is poor’ — Lawan insists on borrowing to fund infrastructure

  ‘Nigeria is poor’ — Lawan insists on borrowing to fund infrastructure

Senate President Ahmad Lawan has insisted that borrowing is the only way the country can fund its infrastructural needs. Speaking

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Credit to private sector increased 2.5% to N20trn in Q4 2020, says NBS

  Credit to private sector increased 2.5% to N20trn in Q4 2020, says NBS

The National Bureau of Statistics (NBS) says banks in the country disbursed a total of N20.37 trillion as credit to

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Senate okays fresh $1.5bn, €995m loans — despite minister’s failure to defend projects

  Senate okays fresh $1.5bn, €995m loans — despite minister’s failure to defend projects

The senate has approved fresh external loans of $1.5bn and €995m for the federal government. The red chamber okayed the

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Tambuwal asks CBN not to recover $2.1bn loans to states

  Tambuwal asks CBN not to recover $2.1bn loans to states

Aminu Tambuwal, governor of Sokoto, has appealed to the Central Bank of Nigeria (CBN) to shelve its plan to recover

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Emefiele to Obaseki: Stop the mischief — it’s loans you’re calling printing money

  Emefiele to Obaseki: Stop the mischief — it’s loans you’re calling printing money

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the claim by Godwin Obaseki, Edo state governor, that

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