Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this during an interview with reporters in Abuja on Wednesday.
The Minister also disclosed that the federal government surpassed its target for independent revenue to generate N1.1 trillion in 2021.Mrs Ahmed made the remarks at the public presentation of the 2022 Appropriation Act. The $3.4bn Rapid Credit Facility was obtained by the Federal Government from the IMF in 2020 during the period when the Corona virus pandemic led to a shutdown of the Nigerian economy.
The IMF facility was collected by the federal government during the peak of Covid-19 pandemic in 2020.
This woman again...?!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: