Investors split on duty cut for imported vehicles
The proposed policy in the 2020 Finance Bill that seeks to slash duties and levies on imported vehicles has raised conflict of opinions among investors.
FG moves for $750 million loan to revamp states
Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the Federal Government was in the process of accessing a $750 million World Bank loan on behalf of state governments to stimulate local economy and support vulnerable households.
FEC okays new finance bill, rules out increase in taxes
The Federal Executive Council (FEC), yesterday, approved the Finance Bill 2020 aimed at reviewing the country’s tax laws and supporting the 2021 budget.
States get N66.5b as COVID-19 response grant
Thirty-five have got N66.5 billion from the Federal Government for COVID-19 response.
African ministers agree investment in water, sanitation, hygiene
African Finance and sector ministers met last week to explore concrete ways to ensure universal access to water, sanitation and hygiene. They discussed political and institutional reforms required to make better use of existing financing and to attract additional resources...
Resurgence of COVID-19 threatens 2021 budget, says FG
Minister of Finance, Budget and National Planning, Zainab Ahmed, has alerted the nation to the resurgence of COVID-19 in Europe, which has triggered further fall in oil price at the international market, saying the development is likely to affect Nigeria’s 2021 budget estimate.
We have failed our children, says Finance Minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has urged parents to instill family values in their children as a way to save the country from degeneration.
The Kaduna private steel plant, welcome
The Kaduna private steel plant, welcome Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed’s recent declaration that steel boom may lead to Nigeria’s industrialisation merely reiterated...