The Federal Government have proposed to inject N350 billion into the Nigerian economy admitting the country is facing cash scarcity,during the National Economic Council retreat yesterday In Abuja.
Finance Minister Kemi Adeosun made the disclosure on Tuesday in Abuja at a media briefing at the end of the two-day National Economic Council retreat.
“In anticipation of the approval of the budget, we have lined up N350 billion which we would be pumping into the Nigerian economy in the forth-coming months,’’
“We are specifically looking at contractors who have laid-off staff and how many Nigerians are they going to put back to work as a result of this money that we are planning to release.
“We believe that this will stimulate significant economic activities" She said
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