Tag: Deficit

NCC Reacts To Alleged N17b Deficit In 2021 Budget
April 26, 2023 No Responses

NCC Reacts To Alleged N17b Deficit In 2021 Budget

The Nigerian Communications Commission (NCC) has denied incurring a deficit of N17 billion by allegedly spending N35.2 billion on personnel costs and consultancy fees.  In a statement on Tuesday, NCC’s Director, Public Affairs, Dr Reuben Muoka, explained that the commission...
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Spotlight Shines On Nigeria’s Growing Fiscal Deficit
May 14, 2022 No Responses

Spotlight Shines On Nigeria’s Growing Fiscal Deficit

By  Lukman Otunuga, Senior Research Analyst at FXTM — It’s no secret that many developing countries boast high fiscal deficits in the pursuit of economic growth. Nigeria’s ballooning debt profile is a perfect example of how excessive government spe...
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Capital Market Experts Outline Ways To Fund Nigeria’s Infrastructure Deficit
December 8, 2019 No Responses

Capital Market Experts Outline Ways To Fund Nigeria’s Infrastructure Deficit

An investment banker and Head, Debt Capital Markets, FBNQuest Merchant Bank Limited, Mr Oluseun Olatidoye, has stressed the need for sound macroeconomic and policy frameworks to enable the capital market attract  investors to fund infrastructure projects ...
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