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

Mrs. Benedicta Ugochi Alinnor Laid To Rest Amid Eulogies

The Umulolo, Umuokwara Abba community in Nwangele LGA, Imo State, received dignitaries, the clergy, friends,…

10 hours ago

Governor Lawal Announces Nationwide Nutrition Emergency, Unveils National Intervention Fund At Addis Ababa Summit

The 36 state governors have declared a nationwide nutrition emergency and resolved to establish a…

11 hours ago

ONC Unveils 2-Day Programme To Mark 74th Birthday Of Deputy Governor, Prof. Ngozi Nma Odu

The leadership of the Orashi National Congress, ONC, has unveiled a two-day programme of activities…

12 hours ago

President Tinubu Welcomes World Bank’s Latest Report As Yet Another Evidence Reforms Are Working

President Bola Ahmed Tinubu has welcomed the World Bank's October 2026 Nigeria Development Update, titled…

13 hours ago

Actress Lizzy Anjorin Lawal Issues Cease And Desisit Notice To Iyabo Ojo, Priscilla, Bloggers

  Nollywood actress and businesswoman, Chief (Dr.) Lizzy Anjorin-Lawal, popularly known as Lizzy Anjorin, has…

13 hours ago

Amb. Emeni Ibe Felicitates With Sister-In-Law, Mrs. Bridget Daddy Nweye On Birthday

The President General of the Orashi National Congress, ONC, Amb. Comrade Emeni Ibe, JP, AP,…

14 hours ago
Sponsored