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Tag "Udoma Udoma"

Udoma: Nigeria’s N24.39trn debt sustainable — despite revenue challenges

    Udoma: Nigeria’s N24.39trn debt sustainable — despite revenue challenges

Udoma Udoma, minister of budget and national planning, says despite the challenges to revenue generation, Nigeria’s rising debt stock is sustainable. The Debt Management Office (DMO) had released a report

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Udoma clarifies comment on delay in presentation of 2019 budget

    Udoma clarifies comment on delay in presentation of 2019  budget

Udoma Udoma, minister of budget and national planing, has denied blaming the national assembly for the delay in presentation of the 2019 budget. At plenary on Thursday, some lawmakers threatened

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35 states get N28bn loan to pay salaries — minus Lagos

    35 states get N28bn loan to pay salaries — minus Lagos

The federal government has given approval for the release of N28 billion as budget loan for 35 states, excluding Lagos which does not need it. Udoma Udoma, minister of budget

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Adeosun: 2017 budget to be rolled over into 2018

    Adeosun: 2017 budget to be rolled over into 2018

Kemi Adeosun, minister of finance, has revealed the federal government’s plan to roll over at least 60 percent of 2017 capital projects to 2018 budget proposal. Adeosun made this known

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Kachikwu: Ageing pipelines reduced crude production in July

  Kachikwu: Ageing pipelines reduced crude production in July

Ibe Kachikwu, minister of state for petroleum, says aging pipelines are responsible for the reduced crude oil output recorded in

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Udoma: We don’t have funds to pay salaries, pensions

  Udoma: We don’t have funds to pay salaries, pensions

Udoma Udoma, minister of budget and national planning, says half of the projected revenue in the 2017 budget is for

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Udoma: To get Nigeria out of recession, we need 2017 budget passed

  Udoma: To get Nigeria out of recession, we need 2017 budget passed

Udoma Udoma, minister of budget and national planning, says the federal government is anxious to have the 2017 budget passed

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We’ve not decided the amount to collect from World Bank, says FG

  We’ve not decided the amount to collect from World Bank, says FG

The federal government says it is yet to decide the amount of loan it will obtain from the World Bank

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FG: We’ll use N250bn from recovered loot to fund 2017 budget

  FG: We’ll use N250bn from recovered loot to fund 2017 budget

The National Budget Office says it is projecting using N250 billion out of funds recovered from corrupt officials to finance

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We are not responsible for this economic situation, says FG

  We are not responsible for this economic situation, says FG

The federal government says it is not responsible for the current economic situation of the country. Udoma Udo Udoma, minister

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