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FG To Borrow N1.59trn To Fund 2020 Budget

Nigeria’s Debt Management Office (DMO), has disclosed that the federal government will borrow N1.549 trillion from domestic and international markets to fund the 2020 budget. Patience Oniha, Director-General of the DMO, on Friday, told journalists that N805 billion will be borrowed externally, while N744 billion will be borrowed from the …

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Senate Okays Muhammd Nami As FIRS Chairman

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The Senate has confirmed the appointment of Muhammad Mamman Nami as the Executive Chairman, Federal Inland Revenue Service, FIRS. Senate President Dr. Ahmed Lawan hit his gavel at about 2:51 pm Wednesday, signalling the confirmation of Nami’s appointment by the Senate. President Mohammadu Buhari sent Nami’s name to the Senate …

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Buhari Signs N10.5 Trillion 2020 Budget

President Muhammadu Buhari has signed the 2020 Appropriation Bill into law. The president signed the N10,594,362,364,830 trillion budget at the Presidential Villa, Abuja, on Tuesday at 3:37pm. Read Also: Senate Passes 2020 Budget This is the earliest period that the budget has been signed into law for the following year since …

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