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Tag: N4.4 Trillion

AMCON’s Debt Now N4.4trn,Seeks External Support

AMCON’s Debt Now N4.4trn,Seeks External Support         The Management of Asset Management Corporation of Nigeria has called on all agencies of the Federal Government and all stakeholders to join its debt recovery drive to guide against the huge opportunity cost of not recovering its huge total...

NNPC’s Liabilities Exceed Assets By N4.4trn

NNPC’s Liabilities Exceed Assets By N4.4trn         The liabilities of the Nigerian National Petroleum Corporation as a group exceeded the assets of the oil firm by N4.4tn in 2019, the just released audited financial statements of the firm for 2019 showed. It also revealed that the oil...

2018 Budget: Deficit May Rise To N4.4tn Says Report

2018 Budget: Deficit May Rise To N4.4tn Says Report   Except the Federal Government adopts a pragmatic approach to shore up its independent revenue, the fiscal deficit in the 2018 budget may widen from the appropriated sum of N1.9tn to N4.4tn, an economic report prepared by...