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Reps Approve fresh $1.5billion, €995M FG borrowing plan

Reps approve fresh $1.5billion, €995M FG borrowing plan
On
By Tordue Salem
The House of Representatives Thursday, approved the External Borrowing Plan of the Federal Government to the sum of over $1.5billion and €995million.
Besides, it adopted a report of its Finance Committee, to issue from the Statutory Revenue Fund of the Federal Inland Revenue Service (FIRS) the total sum of N 216, 646, 579, 231. 00 (Two Hundred and Sixteen Billion, Six Hundred and Forty–Six Million, Five Hundred and Seventy–Nine Thousand, Two Hundred and Thirty–One Naira).
Out of the sum N107, 521, 496, 984. 00 (One Hundred and Seven Billion, Five Hundred and Twenty–One Million, Four and Ninety–Six Thousand, Nine Hundred and Eighty–Four Naira) only is for Personnel Cost, while the sum of N 56, 469, 218, 415, .00 (Fifty–Six Billion, Four Hundred and Sixty–Nine Million, Two Hundred and Eighteen Thousand, Four Hundred and Fifteen Naira) only is for Over Head Cost, and th ....

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Detailed text transcripts for TV channel - DW - 20180308:13:25:00

A lot of steel work which pays correspondingly less. what we want is to offer products with added value which customers are willing to pay for that s. just a thought. he added value is mainly provided by the engineers who designed the complex vessels. just delivered its first new build two more are under construction now tell you a deal. the specially proud of an order for a suction dredger worth ninety five million euros. and courses we have concerns with man because big project like this means that the shipyard is fully operational that we have the necessary know how that we have the engineers and that we ve got our production up and running small scale projects anyone can do those. now employs more than seventy engineers and they re know how it s needed. the shipyard has just received another big order for ....

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