FG To Borrow More To Close N102.8bn Funding Gap For 2019 Budget The Federal Government may increase the level of borrowing this year to address the N102.8bn funding gap that has been created as a result of the National Assembly’s tinkering with the 2019 budget. The...

Udoma Warns Against Interference As He Inaugurates NBS Board   The Federal Government on Thursday inaugurated the governing board of the National Bureau of Statistics. The inauguration was done by the Minister of Budget and National Planning, Senator Udo Udoma. Udoma told the board members that they should...

Minister Explains Why FG Couldn’t Achieve 2018 Revenue Target The Minister of Budget and National Planning, Senator Udo Udoma, explained why the Federal Government could not achieve its 2018 revenue target, stating that some one-off items listed for implementation in the fiscal year could not...

FG To Cut Stakes In JV With Shell, Others   The Federal Government plans to cut its stakes in joint oil ventures with international oil companies to 40 per cent this year, the Minister of Budget and National Planning, Senator Udo Udoma, has said. The government is...

FG Questions IMF's Economic Growth Forecast   The Minister of Budget and National Planning, Senator Udo Udoma, has said the nation’s economy will grow by 3.01 per cent this year, compared to a forecast of two per cent by the International Monetary Fund. The IMF, in its...

Nigeria Has Room To Borrow More - Udoma Nigeria still has ample room to borrow more whenever it needs to do so, the Minister of Budget and National Planning, Senator Udo Udoma, has said. He explained that the country was not running any debt risk, adding...