2023 Budget: Buhari to Forward Borrowing Plan to NASS   President Muhammadu Buhari has said he will forward the comprehensive Borrowing Plan for 2023 to the National Assembly for consideration. The President made this known after signing the 21.83 trillion naira 2023 Appropriation Bill into law on...

Senate Passes MTEF/FSP, Okays Buhari’s N4.89trn Borrowing Plan             The Senate on Wednesday passed the 2022-2024 Medium Term Expenditure and Fiscal Strategy Paper, retaining all the assumptions and projections submitted to it by president Muhammadu Buhari in July. The red chamber retained the exchange rate of N410.15...

A Non-Governmental Organisation specialising in public debt and social welfare, Social Action, has condemned the Federal Government’s plan to borrow $7.8bn to finance the budget deficit of N2.2tn for this year. In a statement made available  by the Abuja Head of Social Action, Vivian Bellonwu-Okafor,...