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States face cash crunch, salaries swallow revenues, Federal Govt seeks more funds
Olalekan Adetayo, Okechukwu Nnodim, Abiodun Nejo, Peter Dada, Bola Bamigbola, Chima Azubuike, Adeniyi Olugbemi, John Charles, Adeyinka Adedipe and Armstrong Bakam
Published 2:02 am
FILE: The President, Major General Muhammadu Buhari (retd.)
Olalekan Adetayo, Okechukwu Nnodim, Abiodun Nejo, Peter Dada, Bola Bamigbola, Chima Azubuike, Adeniyi Olugbemi, John Charles, Adeyinka Adedipe and Armstrong Bakam
Published 2:02 am
Two top officials of the Muhammadu Buhari regime on Wednesday indicated that the country urgently needed more funds to run government and provide basic amenities for Nigerians.
Although the Minister of Finance, Budget and National Planning, Zainab Ahmed, in an interview with the State House correspondents faulted a claim by the Edo State Governor, Godwin Obaseki, that the Federal Government printed between N50bn and N60bn in March, she said there was
President Muhammadu Buhari
Two top officials of the Muhammadu Buhari regime on Wednesday indicated that the country urgently needed more funds to run government and provide basic amenities for Nigerians.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, in an interview with the State House correspondents also faulted a claim by the Edo State Governor, Godwin Obaseki, that the Federal Government printed between N50bn and N60bn in March.
Ahmed described the claim as not only untrue but unfortunate.
She however said there was a need to improve revenue to run government.
On his part, the Accountant-General of the Federation, Ahmed Idris, at the 2021 retreat for members of the technical sub-committee on cash management, stated that there was increasing pressure on government funds.