Says borrowing declining, high recurrent expenditure historical The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said the barrage of allegations and assertions against her on the 2014 budget by National Assembly members are not based on facts, stressing that the allegations made by the […]
Tag: Minister of Finance
Okonjo-Iweala presents N4.6tn budget estimates to Senate
The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Thursday presented the 2014 budget estimates of N4.642tn to the Senate. She laid the document on the table before the senators during their plenary presided over by the President of the Senate, David Mark. Mark said the action was in conformity with […]
FG to spend 20% of revenue on debt servicing
The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Monday expressed concerns over the increasing rate of the nation’s domestic debt, and stated that about 19.87 per cent of the country’s projected revenue for 2014 would be spent on debt servicing. Okonjo-Iweala, who was briefing the private sector on the performance […]
