The Federal Government has unveiled a document it tags the Economic Recovery and Growth Plan (ERGP). The Minister of Budget and National Planning, Udoma Udo Udoma, has presented the document to the National Economic Council. The minister listed the three “strategic objectives” of the Plan as...

The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, will give a breakdown of the N7.30 trillion 2017 budget estimates on Monday, according to a statement. The statement, issued by the minister’s Media Adviser, James Akpandem on Wednesday in Abuja, noted that Udoma...

The Federal Government has said it was looking the way of the International Monetary Fund, IMF, and the World Bank for some of its external borrowings to boost the economy out of recession. According to the government, both institutions have some “concessionary terms” attached to...

The Minister of Budget and National Planning, Senator Udo Udoma, said that the borrowings of the Federal Government would be used to fund critical infrastructure projects across the country. He said this during a meeting with the Assistant Secretary for Multilateral Affairs of the Trade...

The Federal Government, through the National Economic Recovery Growth Plan, is targeting a growth rate of seven per cent between 2017 and 2020. The Minister of Budget and National Planning, Senator Udo Udoma, disclosed this at a meeting with select joint committees of the National...

Nigeria is about to be plunged into another debt repayment scenario. The federal government has forwarded an external borrowing plan to the National Assembly for approval of the legislature. The request though has been denied for now by the Senate, perhaps because the FG...