Speaking at the Assembly’s annual high-level debate, Minister Mohieldin Salim Ahmed Ibrahim described the situation …
Read More »FG Borrows $11.9 Trillion and Spends Only $3.1 Trillion on Capital Projects in 2025 – THIS END
By Ayo Kehinde The federal government recorded new borrowings of 11.89 trillion naira in the first nine months of 2025, but spent only 3.10 trillion naira on capital projects in the same period, highlighting a widening gap between debt accumulation and infrastructure execution. This is according to the Third Quarter 2025 Budget Implementation Report released by the Federation Budget Office. …
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