Instead of this outdated mechanism, we should base our budgetary calculations on the quantity of
naira needed to foster the highest growth possible without pushing inflation too high.
A decent war chest is worth having in case
the naira needs defending.
Not exact matches
He said that the
naira is like our national flag; we
need to do the needful to put it in its rightful position.
He speaks on issues in 2016 budget, the
need for the Federal Government to prevent currency crisis in Nigeria, the decline in Nigeria's foreign trade by N2.5 trillion and depreciation of the
naira.
He said the agency
needed more funding, as the 16 million
naira ($ 50,000, 47,000 euros) allocated in 2017 was not enough.
He
needs about thirty thousand
naira daily for dialysis and he is asking Nigerians to come to his aid both financially and spiritually.
The governor's spokesperson said since the federal government claimed it has recovered and still recovering trillions of
Naira allegedly looted from the treasury, there was no
need to borrow money from anywhere to finance the 2016 Budget.
The contract awarded to Olam Nigeria Ltd for 2.4 billion
naira and the 600million to 3 Brothers Rice Ltd for supply of rice for the emergency food intervention programme in the North East, he stated, was made at the presidential level and the contractors were selected because they had the capacity to deliver in the huge quantity that was
needed.
To fund your ICE3X account with your
nairas, you will
need to login to your newly created ice3X account, proceed to the DEPOSIT / WITHDRAW tab in the menu bar to make a deposit using your newly created VoguePay wallet (you can get more info