Monday 11 April 2016

FG EYES N1TN JV FUNDS TO FINANCE BUDGET DEFICIT

The Federal Government may use money set aside for funding joint venture projects with foreign and local oil firms to make up any shortfall in the 2016 budget if its revenue projections are not met, the Minister of Finance, Mrs. Kemi Adeosun, has said.
 
The nation has been trying to boost tax revenues and the non-oil income to fund a record N6.06tn 2016 budget aimed at reviving Africa’s biggest economy hit by the slump in oil prices
 

No comments:

Post a Comment