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, […]
Adeosun spoke at a press conference marking the conclusion of the 2017 World Bank/International Monetary Fund Annual Meetings in Washington DC, United States. She said, “Nigeria’s debt-to-Gross Domestic Product ratio is one of the lowest actually. It is about 19 per cent. Most advanced countries have over 100 per cent. I am not saying we […]
Nigeria’s Federal Government has disclosed its plans to recruit 7,500 graduates as Community Tax Liaison Officers across the country. Kemi Adeosun, country’s Minister of Finance alongside Babatunde Fowler, the Chairman, Federal Inland Revenue Service, FIRS who made this known during a press conference in Abuja.The government explained that the recruits will raise tax awareness among […]
Nigeria is officially out of recession, according to growth data published by its National Bureau of Statistics (NBS) released on Tuesday. The NBS data indicate that Nigeria’s economy grew 0.55 percent in Q2 2017 compared to -0.91 percent (revised) in Q1 2017 and -1.49 percent in Q2 2016. A Reuters’ poll had suggested at the […]
The federal government has commenced training of unemployed graduates recruited as Community Tax Liaison Officers to boost tax revenue generation. The Minister of Finance, Kemi Adeosun, who revealed this said 27 Nigerians were being trained as a pilot set for the programme. The selected persons, drawn from the N-Power programme, are undergoing training at the […]
In an effort to shore up the federal government’s revenue base, the Federal Executive Council (FEC) yesterday approved a new tax regime, just as it announced its intention to raise taxes on luxury goods. Minister for Finance, Mrs. Kemi Adeosun, who announced the approval of the new tax policy, after the FEC meeting presided over […]