The Nigerian government has expressed its intention to fund the 2019 budget through borrowing.
Zainab Ahmed, Nigeria's Minister of Finance, disclosed this on Wednesday after the Federal Executive Council meeting in Abuja."We intend to fund the 2019 budget through borrowing locally and internationally with a spread of 50:50. Our focus is on concessionary long-term loans," she said. The Finance Minister said local revenue generation comes with challenges, but noted that there are strategies in place to finance the 2019 budget.
Borrowing for consumption is dangerous and affect individual Nigeria if na only 500,000,000 Nigeria have budget on that... APC will keep using the policy that sent some people out of office and they won't want to leave if the nemesis comes
Please feel free. But consider selling some states instead
Haaaaa borrow again
Borrow to fund 2019 budget? Stupid Government - A Senator earns 1.4m newspaper allowance.
Hmmmm
If you like borrow all the trillions of dollars on the world today, when you all leave office, you’d account for them. Just remember!!!
Who cursed Nigeria
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