More
    HomeBusinessFinance Minister to give 2023 Budget Breakdown Wednesday

    Finance Minister to give 2023 Budget Breakdown Wednesday

    Published on

    By Tony Obiechina, Abuja

    The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed will on Wednesday make public a comprehensive breakdown of the highlights of the 2023 Budget estimates, totaling N20.51 trillion.

    President Muhammadu Buhari had on Friday, 19th of October, presented the 2023 Budget estimates christened “Budget of Fiscal Consolidation and Transition” to the joint session of the National Assembly.

    The President had disclosed that sources through which the budget deficit will be funded include, new borrowings totalling N8.80 trillion, N1.77 trillion drawdowns on bilateral/multilateral loans secured for specific development projects/programmes and Privatisation Proceeds, amounting to N206.18 billion.

    An Invitation for the public presentation and breakdown of the Budget was signed by the Director General of the Budget Office of the Federation (BOF), Mr Ben Akabueze.

    It was addressed to: “All Heads of Federal Government Ministries, Departments and Agencies; Repreentatives of States and Local Governments, Private Sector Operators and Associations; Captains of Commerce and Industries; Development Partners; Civil Society Organizations; Media Practitioners and other relevant stakeholders”.

    According to the Invitation, the event is scheduled to hold both virtually and physically at the main auditorium of the Federal Ministry of Finance, Budget and National Planning, Abuja.

    Latest articles

    Olise should be playing for Nigeria, not France—Sunday Oliseh

    Former Nigerian international, Sunday Oliseh, has insisted that Bayern Munich winger Michael Olise should...

    Nigeria loses over 400 ‘innocent’ citizens to accidental bombing

    From 2017 till date, the Nigerian military has been accused of accidentally bombing about...

    Galatasaray boss bemoans Osimhen’s absence after Kocaelispor draw

    Galatasaray head coach, Okan Buruk has confessed his side have struggled in the absence...

    ‘A Narrow Escape’ – Sambo Questions Tinubu’s Chances in 2027 Election

    Political Editor at Arise News, Sumner Sambo, has expressed uncertainty about President Bola Tinubu’s...

    More like this

    Olise should be playing for Nigeria, not France—Sunday Oliseh

    Former Nigerian international, Sunday Oliseh, has insisted that Bayern Munich winger Michael Olise should...

    Nigeria loses over 400 ‘innocent’ citizens to accidental bombing

    From 2017 till date, the Nigerian military has been accused of accidentally bombing about...

    Galatasaray boss bemoans Osimhen’s absence after Kocaelispor draw

    Galatasaray head coach, Okan Buruk has confessed his side have struggled in the absence...