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Zainab Ahmed: Capital market can provide funds needed for government projects


Zainab Ahmed: Capital market can provide funds needed for government projects
March 11
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Ahmed was speaking on Thursday at the 5th Budget Seminar organised by the Security Exchange Commission (SEC).
NAN reports that the programme was themed ‘Financing Nigeria’s Budget and Infrastructure Deficits through the Capital Market’.
The finance minister emphasised the importance of the capital market as a channel through which government budget and economic infrastructure deficits can be financed.
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“Past experiences have shown that the capital market has been supportive in providing the necessary funds to finance governments’ projects,” Ahmed said.
“The budget is N13.95 trillion, capital expenditure of N4.37 trillion amounting to 32.2 percent of the total expenditure and overall deficit of N5.6 trillion to be financed by almost equally domestic and foreign sources. ....

Aisha Dahiru Umar , Zainab Ahmed , Farouk Aminu , Lamido Yuguda , Security Exchange Commission , National Pension Commission Pencom , Budget Seminar , Financing Nigeria , Infrastructure Deficits , National Pension Commission , பாதுகாப்பு பரிமாற்றம் தரகு , பட்ஜெட் கருத்தரங்கு , நிதி நைஜீரியா , தேசிய ஓய்வூதியம் தரகு ,