Experts ask govt to cut spending, address insecurity : vimar

Experts ask govt to cut spending, address insecurity


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Nike Popoola and Temiloluwa O’Peters
Published 12:18 am
Published 12:18 am
Players in the Nigerian economy have advised the Federal Government to reduce its unnecessary expenditures, address security and diversify revenue source.
They said these measures were relevant to check rising cost of governance and dwindling revenues.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Monday admitted that the nation’s economy was facing a difficult time.
“These are very difficult challenging times because revenues are low and the demand for expenditures are very high understandably because we have to keep intervening to make sure the pandemic is contained as well as the economic impact it has caused,” she said.

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