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

    Fumes and Fear: NPA Road Residents, Business Owners in Warri Raise Alarm Over Suspected Illegal Oil Bunkering

      Residents, Traders, Shop Owners and Commuters within the neighborhood of the old NPA road...

    Vessel Owners Unveil Nationwide Censorship to Tackle Piracy, Illegal Bunkering

      The Tugboat, Fuel Barges, and Seagoing Vessel Association of Nigeria (TUBAVS) has announced measures...

    Bayelsa Threatens Libel Suit Against Leadership, Punch Over Alleged False Publications

      The Bayelsa State Government has threatened legal action against Leadership and Punch newspapers over...

    Gov. Diri’s Aide Urges FG to Adopt Community-Based Security as NAS Marks 2026 Feast of Barracuda

      Technical Adviser to the Bayelsa State Governor on Communication and Strategy, High Chief Abednego...

    More like this

    Fumes and Fear: NPA Road Residents, Business Owners in Warri Raise Alarm Over Suspected Illegal Oil Bunkering

      Residents, Traders, Shop Owners and Commuters within the neighborhood of the old NPA road...

    Vessel Owners Unveil Nationwide Censorship to Tackle Piracy, Illegal Bunkering

      The Tugboat, Fuel Barges, and Seagoing Vessel Association of Nigeria (TUBAVS) has announced measures...

    Bayelsa Threatens Libel Suit Against Leadership, Punch Over Alleged False Publications

      The Bayelsa State Government has threatened legal action against Leadership and Punch newspapers over...