Saturday, January 17, 2015

2015 Will Be Difficult For Nigeria - Minister Of Finance, Ngozi Okonjo-Iweala

The year 2015 will be a difficult one for Nigeria, Minister of Finance, Dr Ngozi Okonjo-Iweal said yesterday.

Addressing newsmen yesterday in Abuja, Okonjo-Iweala who is the coordinating minister of the economy said with the continuing down ward trend of the crude oil price below the federal benchmark in 2015 budget, government must look at options to complement the deficit.

According to her, additional measures to address the deficit in the budget are underway.

“The budget is with the National Assembly, let me just tell you that measurers are being made, so that we can manage the budget and the economy at whatever the price of oil remain, Daily Trust reports.

No one knows the bottom of oil price, once it stabilises and we know the bottom, we will follow with appropriate measures.”
“We are working everyday with different scenario, we are following exactly the plans we told Nigerians. There are scenarios at $55, at $50 and even below. And I believe, though this year will be a very difficult year for the country, but we have the tools and we know how to apply them. Working together will be able to take this country through this year,” the minister added.

6 comments:

  1. So finally na now she repent to tell is d truth...listen madam minister if ur measure to balance d deficit did not include drastic 50% reduction of executive,legislative n judicial salaries then u will hv d citizens to answer...they just seat under AC to make policies that puts d poor masses in pains of poverty ....God go arrest u guys soon

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  2. Nigerians will suffer while u public office holders will keep living large irrespective of how hard d tyms get. Smh. Why can't we even diversify dis economy. We just carry eye face oil like say na d only thing wey we get. Hmmm! "Uwaifo don talk e own o".

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  3. Ytou go blame her,she no get liver...God go soon uncover their hidden stealing of nigerian's money

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  4. This woman self, na dem sabi jor

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