NEWS: Federal Government Targets New Borrowing in 2025, Gives Reasons

Federal Government Targets New Borrowing in 2025, Gives Reasons

Nigeria’s government is expected to borrow in 2025 to finance the 2025 budget already approved by FEC.The 2025 budget is worth N48 trillion and has a deficit of N13 trillion, which will be financed through borrowingThe federal government says the 2025 budget is designed to promote fiscal sustainability, with a focus on balancing government spending and encouraging private sector

Henzodaily.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth…

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