• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, June 5, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Ways and Means: Tinubu will not go beyond statutory limit

Was and Means

The Matters Press by The Matters Press
October 15, 2023
Reading Time: 1 min read
0
Tinubu inaugurates 45 ministers, issues marching order

Marrakech (Morocco), Oct. 15, 2023: President Bola Tinubu will not go above statutory limits in obtaining budget support facilities from the Central Bank of Nigeria (CBN) through the Ways and Means Advances.

RELATED POSTS

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

FCT ground rent!: Check your name if you own property

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, said this on Saturday in Marrakech, at the ongoing World Bank/International Monetary Fund (IMF) Annual Meetings.

He said that Tinubu was committed to “keeping with the spirit and the letter” of autonomy of the CBN.

The stakeholders and financial experts had criticised former President Muhammadu Buhari for worsening the country’s debt burden.

By obtaining more than N22.7 trillion in Ways and Means Advances from the apex bank.

Edun, however, said that the country was discussing with the World Bank for a 1.5 billion dollars budget support.

“The World Bank is the number one development bank that helps developing countries to fund their projects and programmes.

“We are happy that the funding will come in soon. World Bank money is the cheapest, ” he said.

The minister said that the government was also concerned about financing.

“About one trillion dollars is needed to meet the target of climate change globally. These is a climate financing fund which is relatively cheap.

“There is also a commitment to help Africa and the third world with climate transition because they are not responsible for climate change in any substantial way.

“One of the ways to help them is through climate financing and we will be looking at green bond and more climate financing options, ” he said.

Tags: Was and Means
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Energy

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

June 4, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

FCT ground rent!: Check your name if you own property

June 3, 2025
News

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

June 3, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

IMPI urges media to consider national interest in reporting security challenges

June 3, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
News

Malami’s opposition to Tinubu’s endorsement self-indicting – TDF

June 3, 2025
President Tinubu outlines new economic, monetary, foreign policies
Economy/Technology

CUPP goofs over President Tinubu’s 2027 endorsement by governors

June 2, 2025
Next Post
Nigeria’s debt sustainable, improved revenues imperative – Edun

Nigeria’s debt sustainable, improved revenues imperative – Edun

Nigeria regains top crude oil production spot in Africa

Oil/Gas: RusselSmith obtains NUPRC’s approval for 3D manufacturing solution approval

Recommended Stories

NPA tasks arbitrators on speedy dispute resolution

NPA assures stakeholders of electronic truck call-up system

February 22, 2022
Global energy demand to increase by 352 mboe/d in 2045

FG reiterates commitment to energy self-sufficiency by 2026

August 2, 2022
China’s agricultural wholesale products prices continue to drop

Foundation sponsors agribusiness stakeholders on exposure trip to Germany

May 15, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF
  • FCT ground rent!: Check your name if you own property
  • Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us