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Our Strategy Will Mitigate Debt Service Risk – FG

Finance Minister,  Mrs. Kemi Adeosun, has expressed confidence that the Federal Government’s revenue and debt management strategy would mitigate the country’s debt service risk and fast-track her development. The Minister, who welcomed the advice of Nigeria’s international development partners, including the International Monetary Fund, said...

World Bank Denies Disagreeing With Adeosun On Foreign Borrowings

The World Bank Group, has denied that the Bank disagreed with the Minister of Finance, Mrs. Kemi Adeosun, over the borrowings by the Nigerian Government to stimulate the economy and finance infrastructure projects in the country. In a mail to the Minister by the Senior...

Nigeria, JICA Hold Bilateral Talks On Power, Infrastructure Projects

Nigeria has held bilateral discussions with Japan International Cooperation Agency (JICA) power and infrastructure projects as well as some pipeline projects. The Nigerian delegation was led by the Honourable Minister of Finance, Mrs. Kemi Adeosun, while the Senior Vice President of JICA, Mr. Hiroshi Kato,...

We’ll Be Prudent In Management of Our Loans – Adeosun

Finance Minister, Mrs. Kemi Adeosun, has said  that the Federal Government would be prudent in the management of the country’s foreign borrowings. The Minister also revealed that the International Monetary Fund (IMF) and the World Bank Group have projected a positive outlook of higher growth...

Buhari Will not burden Nigerians with unserviceable debts – Adeosun

Finance Minister, Mrs. Kemi Adeosun, has reassured that that the administration of President Muhammadu Buhari would not saddle Nigeria’s future generations with unserviceable debts. Adeosun stated this in an article entitled, ‘The debt debate: Deconstructing the debt story’, in which she explained the debt history,...

FG Releases N100bn To Road contractors

The Minister of Finance,Mrs. Kemi Adeosun, has released the proceeds of the N100 billion Sukuk bond for 25 key economic road projects of the Federal Ministry of Power, Works and Housing. Mrs. Adeosun, in Abuja, handed over the cheque to Minister of Power, Works and...