Wednesday, May 7, 2025

2020 budget to be ready before September ends – Finance Minister

Must read

Ibrahim Ramalan
Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via ibroramalan@gmail.com, or www.facebook.com/ibrahim.ramalana, or @McRamalan on Twitter.
- Advertisement -
tiamin rice
tiamin rice

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that the federal government was working towards submitting the 2020 appropriation bill to the National Assembly by the end of this September.

The minister who spoke at a roundtable on National Donor Coordination in Abuja on Wednesday said the 2020 budget preparation process has since begun, with the submission of plans in advance.

Mrs Ahmed also highlighted 11 economic priority areas by the President Muhammadu Buhari administration.

tiamin rice
whatsApp

The propriety areas, according to the minister, include the economic and governance reforms will focus on macroeconomic stability “through coordinated economic, monetary, fiscal and trade policies, fight against corruption and improved governance”.

The other areas are enhanced investments in physical infrastructure, human capital development to spur job creation and economic growth, improved health, education and productivity for Nigerians.

She said the outline includes ensuring energy sufficiency with power and petroleum products; improved transportation and other infrastructure as well as driving industrialisation, focusing on macro, small and medium-sized enterprises.

The minister also identified improved security for all citizens; enhanced agriculture self-sufficiency to achieve food security; enhanced social inclusion by scaling-up social investments and improved access to mass housing and consumer credit to enhance financial inclusion as key projects.

- Advertisement -

More articles

- Advertisement -

Latest article

- Advertisement -