FG Exceeding Borrowing Threshold for 2021, Says Ahmed Defends suspension of Twitter’s operations Emmanuel Addeh in Abuja Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, yesterday
admitted that the federal government is exceeding its borrowing plan for 2021, blaming the development on the COVID-19 pandemic and
the fall in oil prices. In an interview with France 24, monitored by THISDAY yesterday, the minister said inflation had continued
to heighten, worsened by an inadequate supply of foreign exchange, adding that the problems have a lot of multiplier effects on
the economy. She stated that the fiscal space remains tight now, but the federal government is re-planning, cutting down
non-essential expenditures and providing resources where they are most needed like in the Continued on page 8
Central Bank Plans Digital Currency Launch by December... Page 6 Friday 11 June, 2021 Vol 26. No 9559. Price: N250
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Buhari Approves More Personnel, Salary Increase for Police Force In ARISE NEWS exclusive interview, president orders security agencies to be ruthless (Lead story on page 8, full interview on pages 40, 41)