Nigeria's Debt: There's A Lot Of Insensitivity Around It, Says Finance Minister

Nigeria’s Debt: There’s A Lot Of Insensitivity Around It, Says Finance Minister

Nigeria’s Debt: There’s A Lot Of Insensitivity Around It, Says Finance Minister



Nigeria’s Minister of Finance, Zainab Ahmed, says there is a lot of insensitivity around the country’s rising debt profile, admitting that there will be “consequences” if she did not do what President Muhammadu Buhari asked her to do.

Speaking at a meeting with the management of the Ministry of Budget and National Planning, Ahmed said, “There is a lot of insensitivity around the level of our debt.

“I want to restate that our debt is not too high. What we have is a revenue problem.

“Our debt is still very much within a reasonable fiscal limit. In fact, amongst our comparative countries, we are the least in terms of borrowing.”

She added, “If we don’t do that we will continue to suffer significantly in our capacity to service the national budget.”

Ahmed also talked about the need for the Ministry of Budget and National Planning to coordinate donor agencies operating in the country, saying: “Donor coordination rests on the shoulders of this arm of the ministry. We want to call, as early as possible, a meeting of all donors so that we will discuss with them and give them a clear direction on what and where we want their intervention.”

Speaking further, she stated, “It is a very big work that Mr. President has given to us. It is not myself and the minister of state that will do the work; it is you that will do it. All we are providing is leadership and the enabling environment for you to deliver on the task.

“Within this week, we will be getting our directives on what we need to achieve. We are going to sign up on these directives and we are going to be held responsible for the delivery of the directives.

“There will be consequences, not just on the ministers but on the permanent secretaries and the directors.

“The anti-corruption fight continues. The TSA, IPPIS are tools that we can use to track corruption in the budget process.”
 

en

SOURCE :sahara reporters (news)

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    Traditionally, the traditional Italian card game, tarantella, was played at the St Regis Hotel.

    This specific version of the game involved a tableau de quarante at which all of the
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    Today, there are literally hundreds of variations of the traditional French card game, et noir.
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    four suites; a black package, a red suite, and a
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    Once all players have lost their cards, the dealer
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    in the center of this quarante table.

    These days, the term”quarante” means”of or relating to quarantining.” Traditionally, the game was known as”trente et noir” that meant
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    from the French speaking world. Today, it refers only to card games which
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    Traditionally, the match was played between two people seated across a table;
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    The man who dealt the last card, in turn, then had to eliminate the hand by passing another card
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    The”quaint” version of this game is available for people who wish to play
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    The basic concept of the game of”monte carlo” stays the same, since it’s a simple game which can be played by
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