ইফাদের বিনিয়োগ বাড়ানোর আহ্বান অর্থমন্ত্রীর | 1005615 | কালের কণ্ঠ kalerkantho.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kalerkantho.com Daily Mail and Mail on Sunday newspapers.
Local artist Arthur Miller was recently informed by Welmoed Laanstra, & Morgan Fox, curator and curatorial assistant respectively, of the U.S. Department of State, Art in Embassies program that his
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IN recent times, it is a known fact that there is a sharp decline in revenues accruing from oil sales, globally. Nigeria is no exception, and has been affected by this global endemic, as a member of the Organisation of Petroleum Exporting Countries (OPEC). Consequently, the negative trend has telling effects on monthly allocation accruing from the Federation Account to its two other tiers of government. As a way to remain afloat, both the federal and state governments have devised other means of generating revenues for the day-to-day running of government. The government, at all levels, individuals and corporate organisations, have divested into agricultural business as a tested, viable and reliable sector to bridge the yawning gap in respect to the hitherto over-reliance on the oil proceeds for survival. On account of its dominant role, agriculture is a key player in poverty reduction and job creation.
By Itohan Abara-Laserian
Lagos, Feb. 9, 2021 A capital market scholar, Prof Uche Uwaleke, has stressed the need for the Federal Government to finance the 2021 budget deficit of over N5 trillion through the capital market.
Uwaleke, President, Capital Market Academics of Nigeria, said this at a webinar, while presenting a paper titled: Capital Market Pathways to Financing the FGN Budget Deficits (2021-2023) on Tuesday in Lagos.
The webinar was organised by the Chartered Institute of Stockbrokers (CIS) to present its Annual Global/Nigerian Economic Report themed: “The Nigerian Economic Review 2020 and Outlook for 2021 With Recommendations”.
He advised the Federal Government to fund the budget deficit by accessing the capital market for Green Bonds, securitisation and privatisation of some its entities.