Economic News Update

FG to Spend N350bn Releases to Fund Budget

Amid complaints that Nigerians are not feeling the impact of the economic policies of the present administration, Vice-President Yemi Osinbajo has assured the public that the federal government is bent on revamping the Nigerian economy through its policies designed to diversify the economy.

Osinbajo, who spoke at the Policy Dialogue Forum on the economy at the 22nd Nigerian Economic Summit in Abuja yesterday, said there was need for government to inject more money into circulation to cushion the effects of the recession, and one of the ways through which government could achieve it is to inject the expected N350 billion that was looted by past governments into the Nigerian economy to fund the budget.

 

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Economic News Update

FG to Spend N350bn Releases to Fund Budget

Amid complaints that Nigerians are not feeling the impact of the economic policies of the present administration, Vice-President Yemi Osinbajo has assured the public that the federal government is bent on revamping the Nigerian economy through its policies designed to diversify the economy.

Osinbajo, who spoke at the Policy Dialogue Forum on the economy at the 22nd Nigerian Economic Summit in Abuja yesterday, said there was need for government to inject more money into circulation to cushion the effects of the recession, and one of the ways through which government could achieve it is to inject the expected N350 billion that was looted by past governments into the Nigerian economy to fund the budget.

 

Read More

Comment here