DMO: FG Borrows N1trn To Fund Petrol Subsidy Despite Warnings

The Debt Management Office (DMO), has revealed that the Federal Government had secured a N1 trillion credit facility to fund its petrol subsidy payments. This is in spite of the warnings from concerned bodies and stakeholders. DMO’s Patience Oniha, who disclosed this development during his presentation at the Executive Course on Budgeting and Fiscal Transparency … Continue reading DMO: FG Borrows N1trn To Fund Petrol Subsidy Despite Warnings