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Finance Minister

How FG is tackling growing inflation – Finance minister

Minister for Finance, criteria

By Tom Okpe Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has explained mechanisms put in place by the Federal Government to tackle incessant growing inflation in the country. The Minister also said more scanners had been procured and installed at the Nigerian ports to make them more resourceful and attractive, discouraging the […]

Why Nigeria is not among IMF debt relief beneficiaries – Finance minister

Zainab Ahmed, House

The Minister of Finance, Budget and National Development, Zainab Ahmed, has clarified why Nigeria was not among the beneficiaries considered by the International Monetary Fund (IMF) for debt relief. Earlier this week, the IMF granted debt relief to 25 countries and Nigeria was left out of the list of the beneficiaries.. In a statement released […]

Macroeconomic stability, FG’s focus post-COVID -19 crisis – Finance minister

Finance, Zainab Ahmed

Minister of Finance Budget and National Planning, Mrs Zainab Ahmed has revealed that once the coronavirus pandemic crisis is over, the focus of the Federal Government of Nigeria (FGN) will be medium-term macroeconomic stability. The Minister who made this known on the ministry’s tweeter handle on Thursday, stressed that government’s desire to focus on medium-term […]

Nigeria Will Go Into Recession If COVID-19 Continues Beyond Six Months – Finance Minister

covid-19

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has warned that Nigeria may go into recession if the coronavirus (COVID-19) pandemic continues for the next couple of months. She stated this during her appearance on Channels Television’s Politics Today where she gave an update on measures taken to mitigate the effect of […]

Coronavirus outbreak reinforced our resolve to diversify economy – Finance minister

The Federal Government has revealed that the outbreak of COVID-19, popularly called coronavirus has reinforced its resolve to diversify the economy of the country, especially from over-reliance on oil. The Minister of Finance, Mrs Zainab Shamsuna Ahmed, disclosed on Monday in Abuja, during the international conference on Nigeria’s Commodities Market by the Securities and Exchange […]

Finance minister commissions LUTH cancer centre

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed commissioned the training and administrative building at the Lagos University Teaching Hospital (LUTH) Cancer Centre in Lagos to support an enabling environment where medical professionals can receive training. Speaking during the launch of the project, which the NSIA in partnership with LUTH undertook the conceptualisation, […]

Budget support: Deductions ongoing—Finance Minister

Zainab Ahmed

Abuja – The Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed, says deductions are being made from states for the Budget Support Facilities given by the Federal Government. Zainab disclosed this while  briefing State House correspondents after the National Economic Council (NEC) meeting presided over by Vice President Yemi Osinbajo on Thursday at […]

Power: FG to obtain fresh $3bn loan from World Bank- Finance minister

World Bank’s

Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has disclosed that the Federal Government requested a fresh $3 billion loan from the World Bank to reform the power sector. The Minister, who disclosed this in an interview with journalists on the sidelines of the World Bank/International Monetary Fund meetings in the United States, […]

We will not reach 80% revenue performance for 2019 — finance minister

Nigeria's stock market low

 Abuja – Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning, says the nation will not be able to reach 80 per cent revenue performance for 2019. How Aisha Buhari threw chair at us at the Villa – Fatima Daura She said this on Monday in Abuja at the public presentation of the 2020 […]

56 million viable Nigerians don’t pay tax – Finance Minister

The Minister of Finance, Mrs. Kemi Adeosun, has said that Nigeria has a poor scorecard on tax payment, disclosing that about 56 million economically active people in the country do not pay tax. Adeosun, who noted that only 14 million people pay tax out of about 70 million economically active Nigerians, said payment of taxes […]

South Africa ready to fund free university education, finance minister says

South Africa is pushing ahead with a plan to offer free university education to students from poor households and will announce funding details in next month’s budget, Malusi Gigaba, Finance Minister said on Tuesday, according to report by Reuters. President Jacob Zuma said last month the government would bankroll the tuition without giving details of […]

Osinbajo, Adeosun, others for Reps summit on recession

Osinbajo

The two-day House of Representatives summit on economic recession which will have in attendance Vice President Yemi Osinbajo, Finance Minister, Kemi Adeosun and her Budget and National Planning counterpart, Senator Udoma Udo Udoma, will open on November 6, at the International Conference Centre, Abuja. Other dignitaries expected at the legislative economic summit are Senate President, […]