Sponsored
Banking | Finance

Adeosun Hosts IMF Director, Says  FG Committed To Infrastructure Development

Sponsored

????????????????????????????????????

Sponsored

L-R: Minister of Finance, Mrs. Kemi Adeosun with Director, African Department of the International Monetary Fund (IMF) when the latter visited the Minister in her office in Abuja on Wednesday

The Minister of Finance, Mrs. Kemi Adeosun on Wednesday told the visiting Director, African Department of the International Monetary Fund (IMF), Mr. Abebe Aemro Selassie that the Federal Government is leaving no stone unturned in its bid to make infrastructure development a priority.
Taking the visiting IMF chief through some of the initiatives of the current administration, the Minister said the President Muhammadu Buhari administration is doing everything to make Nigeria productive in every aspect.
This, she said, would be achieved by shifting emphasis to the development of infrastructure, which had been neglected by previous administrations.
According to her, with a population of about 180 million people, Nigeria has no choice but to be productive, saying this can only be achieved through infrastructure.
She recalled that “The allocation for capital projects in 2015 budget was just 10 per cent while the recurrent was 90 per cent which had been the case in the past six to seven years.”
She assured that the Federal Government is working with the private sector, and justified Nigeria’s deficit budget, saying there is no problem with running a deficit budget as long as it is done with emphasis on capital project financing.
Sponsored
Funsho Arogundade

Leave a Comment
Share
Published by
Funsho Arogundade
Tags: AdeosunIMFNigeria
10 years ago

Recent Posts

Ojodu Mayor, Hon. Odunmbaku Calls On Youths To Become Responsible Agents Of Positive Change

The Executive Chairman of Ojodu LCDA, Lagos State, Hon Segun Odunmbaku, has called on youths…

10 minutes ago

Michael Alabi, 40, Arraigned Over Alleged Breach of Peace & Assault In Ikola

CYRIACUS IZUEKWE A 40-year-old man, Michael Alabi, was on Tuesday arraigned before an Ikeja Magistrate…

11 minutes ago

Comrade Dauda Engages Computer Village Plaza Heads On Revenue, Security & Development

ADEOLA OGUNLADE  The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), has…

1 hour ago

Orashi National Congress Pays Courtesy Visit To Rivers State University VC

A delegation of the Orashi National Congress, ONC, on Tuesday, August 11, 2026, paid a…

1 hour ago

Two Men Arraigned Over Alleged Assault & Phone Theft In Ojo

CYRIACUS IZUEKWE  Two men, Saheed Kareem, 24, and Adebakin Ope, 25, were arraigned before an…

2 hours ago

Lagos to London: How Air Peace Challenged My First Impressions

BY CHRISTY ANYANWU Travel often has a way of confronting our expectations. Sometimes, we set…

9 hours ago
Sponsored