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Business News of Thursday, 1 December 2022

Source: www.mynigeria.com

Nigeria is not broke — FG

Zainab Ahmed,  The Minister of Finance, Budget and National Planning Zainab Ahmed, The Minister of Finance, Budget and National Planning

Despite the rising cost of Iiving which has pushed the majority of Nigerians into multidimensional poverty the Federal government has insisted that Nigeria is not broke.

The Minister of Finance, Budget, and National Planning, Dr. Zainab Ahmed made the declaration at a news conference in Abuja to unveil the administration’s scorecard in the sector from 2015 to date.

The Minister, who was flanked by her information counterpart, Alhaji Lai Mohammed, however, admitted that Nigeria only has some revenue challenges to meet its obligations.

The Federal Government under the administration of Muhammadu Buhari has alleged that the increasing rate of poverty in the country is caused by the state governors.


FI