Tag: budget and national planning
The Minister of State for Budget and National Planning, Clement Agba says unless Nigeria posts a strong third-quarter economic performance, it may be headed for a second recession in four years. Ahead of Nigeria’s July inflation data, Bismarck Rewane, CEO of Financial Derivatives joins CNBC Africa to discuss how Nigeria can avert this looming recession.
Nigeria's Minister of Finance, Budget and National Planning, Zainab Ahmed says the 2020 budget may be revised if government revenues are significantly impacted by the coronavirus outbreak. Meanwhile, CFG Advisory is recommending a major policy overhaul for Nigeria to reduce its revenue vulnerabilities and budget deficits. Tilewa Adebajo the CEO of CFG Advisory who was also a former Senior Technical Adviser to the Minister of Industry Trade and Investment joins CNBC Africa for more.
Sustainable Development, Sustainable Debt: Zainab Ahmed: Nigeria not anywhere near debt distress levels
Nigeria's Minister of Finance, Budget and National Planning, Zainab Ahmed says it is very important for African countries to balance the need between development and debt sustainability. She also stressed that Nigeria is not anywhere near debt distress levels when asked about the government's recent borrowing plans. CNBC Africa's Kenneth Igbomor caught up with Zainab Ahmed in Dakar at International Monetary Fund’s (IMF) international conference on Sustainable Development and Debt Sustainability.