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Finance ministry writes Govs, seeks evidence of transfer of Paris Club refunds to LGCs

Ihesiulo Grace 4 April 2020 0

2nd LEAD The Federal Ministry of Finance, Budget and National Planning has written to governors of the 36 states of the federation demanding that documentary evidence of transfer of Paris Club Loan refunds due to local government councils in their states into the States Joint Local Government

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COVID-19: IMF warns of looming global financial crisis

Ihesiulo Grace 24 March 2020 0

. Africa needs $100bn economic stimulus, says Finance ministers Managing Director of International Monetary Fund (IMF), Kristalina Georgieva, has said that a global recession as bad as the 2008 financial crisis is in the offing. In a statement to the G20 Finance Ministers, she said that the human costs of the Coronavirus pandemic are already […]

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Nigeria’s finance minister to meet NNPC over irregularities in revenue

Ihesiulo Grace 28 March 2018 0

Kemi Adeosun, Nigeria’s finance minister called on Tuesday for an emergency meeting with the head of state-owned Nigerian National Petroleum Corporation over revenue payments, the minister’s office said. Oluyinka Akintunde, Adesosun’s senior adviser on media and publicity, who made this known, said the decision to meet with the country-owned oil company is as a result […]

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Finance ministry denies granting duty waivers to importers, others

Ihesiulo Grace 27 November 2017 0

…..Warns against maligning Adeosun The Federal Ministry of Finance has said that it has always complied with the statutory procedures before granting import duty waivers. The ministry, has therefore, said that it was aware of attempts by some importers and Non-Government Organisations (NGOs) to malign the name of the Honourable Minister of Finance, Mrs. Kemi […]