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Tag: Budget and National Planning

Germany agrees to deepen sustainable economic development with Nigeria

FG to deploy App for monitoring, evaluation of projects by Nigerians

by Chike Olisah

The FG has launched an app to enable Nigerians to monitor and evaluate ongoing government projects across the country.

Zainab Ahmed, N24.9 trillion debt, FG to borrow N1.7 trillion to finance 2020 budget – Finance Minister , VAT Increment: Afrinvest exposes sharing formula of N479.7b expected revenue , Nigeria’s VAT Increase: Penny-Wise, Pound Foolish, Nigeria spends N1.11 trillion to service debt in half year 2019 , Nigeria needs $100 billion annually to fix infrastructural deficit – Finance Minister , Oil: Nigeria makes N5.4 trillion in 1 year , FG secures World Bank’s approval to borrow $3 billion , debt, FG to develop new economic development plan Vision 2040 , Nigeria’s infrastructure gap: Too little too late? , Again, Finance Minister argues that Nigeria is not in debt distress , FG defends $22.7 billion new loans from World Bank, others , Finance Minister wants investors to curb Nigeria’s medical tourism through health investment

Nigeria spends N1.11 trillion to service debt in half year 2019

by Bamidele Samuel Adesoji

September 17, 2019

Nigeria spent a whooping N1.11 trillion to cover debt service obligations in the first six months of the year 2019.

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