VAT implementation takes effect February 1 – finance minister
Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning says the implementation of Value Added Tax (VAT) increase from five per cent
FG studying situation on adoption of Eco as ECOWAS currency
The Federal Government says it is studying the situation on change of West African Economic and Monetary Union (UEMOA) currency, Eco, to be used as ECOWAS single currency.
FG releases N1.2tr for 2019 capital projects
The Federal Government yesterday confirmed that it approved the release of N1.2tr in the 2019 budget for financing of capital projects across the country.
Buhari’s rising debts and human rights abuse
Two recent events that drew national attention could not have been more different or dramatic in their own ways. These issues will continue to bug the news headlines throughout the tenure of the President Muhammadu Buhari .....
FEC okays $50.6m additional shares in World Bank
The Federal Executive Council (FEC) has approved for Nigeria to subscribe additional 3,230 shares worth $50.637 million in the International Bank for Reconstruction and Development (IBRD) of the World Bank.
ERGP, others at risk of under-funding, says minister
The Minister of Finance and National Planning, Zainab Ahmed, yesterday raised the fears that the Economic Recovery and Growth and Plan (ERGP) and other developmental programmes were at the risk...
SERAP seeks details of failed $460m CCTV contract, Chinese loans
Socio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information (FoI) request to the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, for details of the failed $460 million closed-circuit television (CCTV) contract and other Chinese loans.
Minister queries N3.3 trillion overhead in 2020 budget
Senate okays N10tr infrastructure fund, lauds Fashola on frugality Hajj commission defends N1.07 billion allocation The Minister of Finance and National Planning, Zainab Ahmed, yesterday queried the N3.3 trillion personnel cost in the 2020 appropriation bill, stating that it was a mismatch when compared to the N2.1 trillion voted for capital projects. Speaking at the…
‘Why government must halt borrowing of $3b to finance power sector’
A group of experts under the aegis of the Association for Public Policy Analysis (APPA), as well as the U.S.-Nigeria Trade Council (USNTC), yesterday, in Abuja...