Welcome To NaijaSky


Author N1.5tn spent on capital projects in 2017 – Adeosun  (Read 33 times)

Description:

0 Members and 1 Guest are viewing this topic.

Offline Isaac Adeniran

  • Online Advertiser and Marketer
  • Administrator
  • *****
  • Posts: 13265
  • Gender: Male
    • Share Post
N1.5tn spent on capital projects in 2017 – Adeosun
« on: May 14, 2018, 02:00:08 AM »



N1.5tn spent on capital projects in 2017 – Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, has said more than N1.5tn was spent on capital infrastructure in 2017.

Adeosun, who stated this on Sunday on her Twitter handle, said the Federal Government’s debt management strategy was yielding the desired result.

“I’m pleased to note that we’re going to close the 2017 budget with capital spending in excess of N1.5tn, which is higher than what we achieved in the 2016 budget. We’re also looking forward to the passage of the 2018 budget by the National Assembly,” she wrote.



Linkback: http://naijasky.com/politics/1758/seo/36775/
Earn Offline Income for Online Marketing  Local Businesses Listing and Products Display

NaijaSky

N1.5tn spent on capital projects in 2017 – Adeosun
« on: May 14, 2018, 02:00:08 AM »

Offline Isaac Adeniran

  • Online Advertiser and Marketer
  • Administrator
  • *****
  • Posts: 13265
  • Gender: Male
    • Share Post
Re: N1.5tn spent on capital projects in 2017 – Adeosun
« Reply #1 on: May 14, 2018, 02:00:43 AM »
The minister noted that more than five million new taxpayers were added to the nation’s tax base in the last two years.

Adeosun tweeted, “The Federal Inland Revenue Service and other tax authorities (at the state level) are doing a great deal of work on expanding the tax base and enforcement of tax payment. We must diversify our revenue base!

“Our debt management strategy, focusing on bringing down borrowing costs, is working. This time last year, the Federal Government was borrowing at an average cost of about 18 per cent; today, it is 13 per cent. We will continue to work very hard on debt service cost.”

NaijaSky

Re: N1.5tn spent on capital projects in 2017 – Adeosun
« Reply #1 on: May 14, 2018, 02:00:43 AM »


Share via facebook Share via linkedin Share via twitter

 
Name: Email:
Verification:
Type the letters shown in the picture
Listen to the letters / Request another image
Type the letters shown in the picture:
Nine divided by three= thirteen or three:
Lagos is in Nigeria or USA:
First letter of the word WOMAN is W or M:

Related Topics

  Subject / Started by Replies Last post
0 Replies
2857 Views
Last post April 29, 2012, 11:59:10 AM
by Success Writer
1 Replies
1319 Views
Last post May 01, 2012, 10:23:06 PM
by Ade Omo Ade
2 Replies
523 Views
Last post February 18, 2017, 03:00:19 PM
by Isaac Adeniran