The money, which is a component of the $7.94 billion 2022-2024 borrowing plan, was approved specifically for the Bureau of Public Enterprises for execution of the Nigeria Distribution Sector Recovery Programme, and is to be sourced from the World Bank.
This came as Accountant General of the Federation, Oluwatoyin Madein, disclosed that the total revenue inflow to the Federal Government in the first quarter of 2024 was N318.5 billion. Represented by the Director, Revenue Expenses, Felix Ogundayero, she expressed confidence that 2024 would be an exceptional year in terms of revenue, based on the policies of the current administration. She added that the bottom-up cash planning policy would be adopted in implementing the 2024 budget.
Presidential candidate of the Labour Party in the 2023 General Elections, Mr Peter Obi, has advocated stronger institutions and the rule of law to save the country’s democracy and guarantee the future of citizens. Economic and Financial Crimes Commission has appealed for patience as it promised a detailed and thorough investigation into the alleged N70 billion corruption case against the Minister of State for Defence, Bello Matawalle, while he was governor of Zamfara State from 2019 to 2023.
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: PremiumTimesng - 🏆 3. / 78 Read more »