Business Headlines

Finance minister hints on possible additional taxes in 2022

Ihesiulo Grace 14 December 2021 0

*Says another Finance Bill in mid-year 2022 to bring in more amendments likely The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says there might be introduction of new tariffs and levies in 2022 as the economy was now on a recovery path. Ahmed made this known while

News

After 28 years, NBS set to conduct agricultural census

Ihesiulo Grace 12 November 2021 0

As the National Bureau of Statistics (NBS) sets to conduct the National Agricultural Sample Census (NASC) after 28 years, Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, says it is long overdue. She spoke on Thursday in Abuja while declaring open a stakeholders’ sensitisation workshop on the importance of the census. Ahmed said […]

Business Headlines

$100bn lost globally to annual conflict, says Finance minister

Ihesiulo Grace 24 September 2021 0

Philip Clement, Abuja The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that due to devastating effect of war, the world loses an estimated $100 billion annually. Ahmed explained that security affects the wellbeing of individuals, families, communities, and nation states, which also extends beyond the safeguarding of lives and property […]

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Amid COVID-19 impact on economy, Buhari orders payment of salaries

Ihesiulo Grace 3 April 2020 0

President Muhammadu Buhari on Thursday met with the Presidential Committee on the impact of the Coronavirus on Nigeria’s economy, and directed the Ministry of Finance and National Planning to ensure that salaries were paid. Minister of Finance, Budget and National Planning Hajiya Zainab Ahmed, who chairs the presidential committee, said this in Abuja while answering […]

Politics

Senate to hold roundtable on budgeting process

Ihesiulo Grace 20 February 2020 0

The Senate on Thursday mandated its committees on National Planning, Finance and Appropriation to organise a roundtable with all agencies in budgeting process to come up with a robust national planning and budgeting process. READ ALSO Senate introduces bill to create agency for rehabilitation of repentant Boko Haram members The Senate notes that the roundtable […]

Business

Finance minister charges GRID 3 committee on data relevance

Ihesiulo Grace 17 February 2020 0

The Minister of Finance, Budget and National Planning, Zainab has charged members of the Geo-Referenced Infrastructure and Demographic Data for Development (GRID3) on the relevance of data in conducted their functions. The Minister gave the charge when she convened National Steering and Technical Committees Maiden Joint Meeting of GRID3 Nigeria. Ahmed convened the National

Business

Receiving money transfers in foreign currency detrimental – CBN

Ihesiulo Grace 14 February 2020 0

The Central Bank of Nigeria (CBN) says receiving international money transfers in foreign currencies by Nigerians is detrimental to the Naira. Director, Trade and Exchange in the apex bank, Ms. Ozemena Nnaji, disclosed this to the members of the House of Representatives Committees on Diaspora, Banking and Currency, and National Planning during an investigative hearing […]

Business Featured Headlines

Nigeria has the lowest tax rate in the world, says Budget minister

Ihesiulo Grace 14 October 2019 0

The Minister of State for Budget and National Planning, Prince Clem Agba has said the recent decision by federal government to increase the Value Added Tax (VAT) from 5 per cent to 7.5 per cent was in the best interest of Nigerians adding that even with the 2.5 per cent increment; Nigeria has the lowest […]

News Nigeria

Udoma: Nigeria to curb indiscriminate population growth

Ihesiulo Grace 29 August 2018 0

Minister of Budget and National Planning, Senator Udoma Udo Udoma, has expressed concerns about the rapid growth rate of the country’s population, stating that there is need for national moderation plan to avoid population explosion. In a statement issued in Abuja by his special adviser on Media, Akpandem James on Tuesday, Udoma predicted dire consequences […]

Business News

Minister wants policy on population management

Ihesiulo Grace 18 July 2018 0

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has stressed the need for robust population management policies in the country to spur growth in the economy. Senator Udoma made the call on Monday at an interactive session at the ongoing Parliamentary Open Week, which kicked off at the National Assembly in Abuja. […]

Business

Focus Lab to drive critical economic sectors, says Udo Udoma

Ihesiulo Grace 23 February 2018 0

In continuation of the Executive/Legislative engagement on critical plans and activities of government, the Minister of Budget and National Planning, Senator Udoma Udo Udoma on Wednesday, evening briefed a joint session of the National Assembly leadership on the Economic Recovery Focus labs, which kicks off in Abuja, next month. The minister explained that the focus […]