Tag Archives: new loan

Nigeria Seeks New N11 Trillion Loan To Finance Budget Deficit

The Minister of Finance and National Planning, Zainab Ahmed, has said the federal government will borrow over N11 trillion and sell national assets to finance the budget deficit in 2023. She also said the government’s budget deficit is expected to exceed N12.42 trillion if it should keep petroleum subsidy for the entire 2023 fiscal cycle. Mrs Ahmed disclosed this on Monday ...

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