Government gives Airways ex-workers N22.7b, ASUU gets N20b
The Federal Government has approved the release of N22.68 billion to workers of the defunct Nigeria Airways and N20 billion to the Academic Staff Union of Universities (ASUU).
Buhari approves payment of N22.68 billion for Nigeria Airways retirees
Nigerian president Muhammadu Buhari on Monday approved the sum of N22.68 billion for the payment of retirement benefits to former workers of liquidated Nigerian Airways Ltd.
FG promises to utilise loans from China for projects
The Federal Government has reiterated its commitment to use monies borrowed from the Chinese government for the development of Nigeria. The Finance Minister, Zainab Ahmed, who stated this while debunking claim that money borrowed from the Chinese have not been well utilised, said: “Maybe in the past, some borrowings have been made and not utilised…
FEC confirms Zainab Ahmed as substantive finance minister
The Federal Executive Council (FEC) yesterday confirmed Hajia Zainab Ahmed as substantive Minister of Finance following last weekend’s resignation of the last occupant, Mrs. Kemi Adeosun on account of an NYSC exemption certificate scandal.
Osinbajo presides over special meeting on minimum wage
Vice President Yemi Osinbajo yesterday presided over the Economic Management Team (EMT) meeting meant to discuss the controversial issue of minimum wage.
I will continue to be fair, unbias in appointment - Buhari
Nigerian president Muhammadu Buhari said he will continue to ensure equitable and fair distribution of appointments among the 36 states of the federation without being bias. Buhari, since assumption in office in 2015, has come under criticism from different sections of the country for allegedly favouring the northern region of the country in appointments of…
Zainab Ahmed resumes at finance ministry, promises economic stability
The Supervising Minister of Finance, Hajiya Zainab Ahmed, has vowed to work assiduously for Nigeria’s attainment of economic stability. A statement by the ministry’s Director of Press and Information Department quoted her as saying yesterday when she formally resumed duties. The minister was received by the Permanent Secretary, Dr. Mahmoud Isa-Dutse, accompanied by other management…
Stockbrokers urge new minister to review extant laws
For Nigeria’s capital market to witness sustainable rebound, stakeholders have stressed the need for the new Minister of State for Finance, Zinab Ahmed, to review current laws and policies that are meant to create enabling environment for the private sector to operate optimally.
PDP calls for immediate arrest, prosecution of Adeosun
Nigeria opposition party, the People's Democratic Party(PDP), has called for the immediate arrest and prosecution of the former minister of finance, Kemi Adeosun. Adeosun resigned her appointment on Friday, 69 days after Premium Times published a report that her National Youths Service Corps(NYSC) exemption certificate was fake. However, the PDP is not satisfied with the…
FG committed to all inclusive governance — Minister
The Federal Government has declared that it is committed to an all inclusive governance where everyone, irrespective of age, creed and geographical location is given opportunity to live a life of dignity. The Minister of State for Budget and National Planning, Mrs. Zainab Ahmed, stated this in Kano at a high level interactive Social Policy…