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

    N220m Wrongful Bank Debit: Court Orders Customer to pay N44m for Breach of Contract with Law Firm

    A High Court sitting in Port Harcourt has ruled that a Skyebank customer, Benedicta...

    EU launches €12m to boost maritime security in Africa 

    The European Union has launched a €12 million regional initiative aimed at boosting the...

    Dangote targets solid materials export, promises to deliver Olokola Port by 2028

    The Chief Executive of Dangote Group, Aliko Dangote has highlighted limited port infrastructure as...

    2025: Lagos tops Nigeria’s ease of doing business ranking

    The Presidential Enabling Business Environment Council, has released the 2025 Subnational Ease of Doing...

    More like this

    N220m Wrongful Bank Debit: Court Orders Customer to pay N44m for Breach of Contract with Law Firm

    A High Court sitting in Port Harcourt has ruled that a Skyebank customer, Benedicta...

    EU launches €12m to boost maritime security in Africa 

    The European Union has launched a €12 million regional initiative aimed at boosting the...

    Dangote targets solid materials export, promises to deliver Olokola Port by 2028

    The Chief Executive of Dangote Group, Aliko Dangote has highlighted limited port infrastructure as...