Fed. Govt To Borrow N2TN From N10TN Pension Funds
Channel: Plus TV Africa
Date: 10/02/2020

The National Economic Council (NEC) on Thursday in Abuja announced the resolve of the federal government to borrow N2 trillion from the current N10 trillion pension funds to finance the development of infrastructure.

It also pronounced a national emergency on power sector, noting that the federal government had pumped N1.7 trillion into the sector in the last three years with little or nothing to show for it.

Johnson Chukwu, Cowry Asset Management joined us in the studio.
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