The Federal Government says the current hardship Nigerians are experiencing in order to get the new naira notes is a “temporary situation” needed for the country’s economic growth. The Minister of Finance, Budget and…
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, revealed that over 5,000 companies and individuals are indebted to the Federal Government. She said the companies, and individuals are owing the…
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says N206 billion captured in the ministry of humanitarian affairs’ 2023 budget proposal was wrongly coded by the Budget Office. She stated this…
The Senate has summoned the Minister of Finance, Zainab Ahmed, to explain an allocation of N206 billion inserted into the 2023 budget of the Ministry of Humanitarian Affairs, Disaster Management and Social Development.…
The National Assembly has summoned the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. They are to appear on Thursday, to…
The federal government is being owed a whooping sum of N5.2 trillion. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this at the launching of the Project Lighthouse Debt Analytics &…
The Academic Staff Union of Universities, ASUU is set to shut down all public universities over the inability of the Federal Government to implement agreements the two parties entered into in December 2020, which led to…
It will cost N3trillion to fund petrol subsidy this year at N270 billion per month, the Federal Government said yesterday. This is based on the projection submitted by the Nigerian National Petroleum Company (NNPC)…
Nigeria will prioritise tax collection from its digital economy in 2022 and focus on non-resident firms with a significant economic presence that generate turnover in the West African country, the country's tax chief…
The National Economic Council, NEC, said yesterday that its decision on the removal of the subsidy on petroleum would be made in June when provision for its payment in the 2022 budget expires. NEC’s position came on a…
Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, in her presentation of the 2022 approved budget,…
Afe Babalola Recently, Nigeria’s Minister of Finance, Zainab Ahmed, reportedly stated in an interview that the country’s high debt service is connected with the huge expenditure being incurred in the satisfaction of…
Nigeria is heading for another recession in the fourth quarter of this year, the Federal Government declared on Friday. According to the government, findings showed that the country’s Gross Domestic Product for the…
The Academic Staff Union of Universities (ASUU) is set to meet with the leadership of the National Assembly today as part of its stand against the Integrated Payroll and Personnel Information System (IPPIS) while…
The proposed increment of Value Added Tax (VAT) from 5 percent to 7.2 percent has drawn condemnation from Nigerians. The Minister of Finance, Budget and Planning, Zainab Ahmed, making the disclosure at the Federal…