GoldenNewsNG
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
No Result
View All Result
Golden News
No Result
View All Result

Nigeria debts will hit N38.68trn in 2021 —Finance minister

Enudi Golden by Enudi Golden
January 11, 2024
in Headline, News, Politics
Reading Time: 1 min read
Breaking:Nigeria’s public debt raises to N39.556trn
11
SHARES
Advertisements

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the total of Nigeria debts would hit N38trn by December 2021.

 

GoldenNewsNg reports that the Minister stated this on Tuesday, in her presentation to the Senate Committee on Local and Foreign Debts.

READ ALSO

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan

Over 100 killed as Deadly floods hit Popular Market in Nigeria

The Minister said, ” The total public debt stock comprising the External and Homes debts of the Federal and state governments and the Federal Capital Territory stood at N31.01trn (USD85.90 billion) as at June 30, 2020.

 

Read also : Federal Government 2020/2021 BEA Scholarship award

“It is projected, based on existing approval, to rise to N32.51 trillion by December 31, 2020 and N38.68 trillion by December 31,2021.”

She attributed reasons for numerous abandoned road projects across the country to poor funds releases occasioned by dwindling revenue.

She explained that the current Sukuk fund is N162bn for 45 roads cutting across the six geopolitical zones.

She said, “I am one person that feels that we should just take one major road in one geopolitical zone and finish it.

“We were not able to do that because of the processes in which appropriation is made both at the executive as well as the legislative arms of government.

“But truly, if we are able to just take one or two projects at a time and complete it before going to the next one, it will be better.

” What the contractor does is the bit that has been cut out for him to do in that particular area.

 

📢 JOIN OUR WHATSAPP GROUP 📢 JOIN OUR TELEGRAM CHANNEL
Previous Post

Breaking: FG clamps down on #EndSARS promoters, freezes bank accounts

Next Post

#EndSARS : Edo Judicial Panel Receives Nine Petitions, Govt Relaxes Curfew

Related Posts

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan   The Federal Government has confirmed that students...

Read more

Over 100 killed as Deadly floods hit Popular Market in Nigeria

100 killed as Deadly floods hit Popular Market in Nigeria

Over 100 killed as Deadly floods hit Popular Market in Nigeria Mokwa, Niger State, Nigeria — More than 100 people...

Read more

Grant for Women in Engineering – Apply for Delt-Her Women Empowerment Program 2025

Delt-Her Women Empowerment Program 2025

Apply for Delt-Her Women Empowerment Program 2025 following the guidelines below...   Developing Engineering Leaders Through Her (DELT-Her) is an...

Read more

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025 Deadline

YEIDEP Grant Hits 5.1 Million Applicants

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025, Deadline   The Youth Economic Intervention and De-Radicalization...

Read more

How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide

RRR/NSR 75K Cash Transfer Form

 How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide Are you looking to benefit from the...

Read more

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)   With millions of Nigerians living below the...

Read more

₦75,000 CCT Process Begins – Check If You’re Eligible!

₦75,000 CCT Process Begins - Check If You’re Eligible!   Lagos State is leading the way in rolling out the...

Read more

Two Years Anniversary: Niger CAN Congratulates Gov. Bago

Rt. Hon. Umar Bago The Chairman Christian Association of Nigeria Niger state chapter, Most Reverend Dr. Bulus Dauwa Yohanna has...

Read more

Flood claims over 20 lives in Niger communities

Victim ...Woman, 2 children rescued, 10 persons still missing   Following a heavy downpour that occurred on Thursday, no fewer...

Read more

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

FG Announces N45K Monthly Stipend for Technical College Students GoldenNewsNg reports that the Federal Government has announced a new policy...

Read more
Load More
Next Post
#EndSARS

#EndSARS : Edo Judicial Panel Receives Nine Petitions, Govt Relaxes Curfew

SEARCH ADS

Latest Posts

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan
Education

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan

100 killed as Deadly floods hit Popular Market in Nigeria
News

Over 100 killed as Deadly floods hit Popular Market in Nigeria

Delt-Her Women Empowerment Program 2025
Headline

Grant for Women in Engineering – Apply for Delt-Her Women Empowerment Program 2025

YEIDEP Grant Hits 5.1 Million Applicants
Jobs

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025 Deadline

RRR/NSR 75K Cash Transfer Form
Headline

How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)
business

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

News

₦75,000 CCT Process Begins – Check If You’re Eligible!

News

Two Years Anniversary: Niger CAN Congratulates Gov. Bago

Headline

Flood claims over 20 lives in Niger communities

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know
Education

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

© 2024 Golden News

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions
No Result
View All Result
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us

© 2024 Golden News