MINISTER OF FINANCE SAYS CORONA VIRUS MAY AFFECT BUDGET
Written by thereachfm on March 12, 2020
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, says the novel Coronavirus, which had led to a huge drop in crude oil prices worldwide, would put a severe strain on the Federal Government’s budget.
Ahmed said these at a consultative roundtable with the Governor of the Central Bank of Nigeria, Godwin Emefiele.
She said with the attendant effects of the spread of the virus, the time had come for the country to begin to live a life without oil.
Ahmed said the current economic challenges is a shock to the government, however it is not the time for Nigerians to panic.