The Federal Ministry of Finance, Budget and National Planning said the ministry was not consulted on the new monetary policy announced by the CBN to redesign N200, N500 and N1000 naira notes with effect from Dec 15. Minister of Finance, Mrs Zainab Ahmed, said this in Abuja on Friday,...
Minister of Finance
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed says the Federal Government is working on strategic plans to address inflation and ensure decongestion of ports in the country. Ahmed said this when she fielded questions from lawmakers at the presentation of the 2022 budget performance before...
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed says N348.1 trillion investment commitment is required for the successful implementation of the 2021-2025 National Development Plan (NDP). Mrs. Zainab made the declaration on Thursday in Abuja at the inauguration of the Board of Directors of the Nigeria Small...
The Federal Government has suspended the introduction of five percent excise duty in the digital economy sector, a tax which was earlier proposed by the Minister of Finance. The Minister of Communications and Digital Economy, Isa Pantami disclosed this in abuja during the inauguration of a committee that will...
The Debt Management Office (DMO) says Nigeria needs to earn higher revenue and manage its debt profile more efficiently. The Director-General of DMO, Mrs Patience Oniha made the declaration in Abuja on Wednesday when she spoke with the News Agency of Nigeria (NAN). Mrs. Oniha said: “How much revenue...
The Minister of Finance, Zainab Ahmed, has put the projected daily payment for fuel subsidy at N18.39 billion. She stated this during an investigative hearing of the House ad hoc committee which is investigating the petroleum subsidy regime between 2017 to 2021. “The total amount of subsidy per day...
The Centre for Information Technology and Development (CITAD), an NGO, has urged the Federal Government to shelve the planned 5.5 per cent increase in the services in the telecommunication sector. The News Agency of Nigeria (NAN) reports that Finance Budget and National Planning Minister Zainab Ahmed, during a stakeholders’...
The Federal Government of Nigeria has revealed that it will make provision for subsidy in 2023 to the tune of N6.72 trillion. Minister of Finance Budget and National Planning, Mrs Zainab Ahmed made this disclosure in Abuja on Thursday during the 2023 – 2025 Medium Term Expenditure Framework and...
Gombe State Governor, Muhammad Inuwa Yahaya is to chair the All Progressives Congress (APC) Budget Committee for its presidential primary special convention while the Minister of Finance, Hajiya Zainab Ahmed will serve as the Committee Co-chair. This is contained in a statement issued by Mr Felix Morka, the party’s...
The Federal Government has appointed Mr Anamekwe Nwabuoku as the acting Accountant General of the Federation. Nwabuoku’s appointment was conveyed in a letter dated May 20th, 2022 and signed by Aliyu Ahmed, the Permanent Secretary in the Federal Ministry of Finance, Budget and National Planning. President Muhammadu Buhari’s former...
The Economic and Financial Crimes Commission has traced at least 17 properties to the Accountant-General of the Federation, Ahmed Idris. This is just as the Minister of Finance, Budget and National Planning, Zainab Ahmed, suspended Idris who is currently being investigated for fraud to the tune of N80bn. An...
Embattled Accountant-General of the Federation, Ahmed Idris has been suspended indefinitely by the federal government. Idris’ suspension was announced by the Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed over his alleged involvement in N80billion fraud being investigated by the Economic and Financial Crimes Commission (EFCC). Idris...
Introduction In the last week, there was a big match between the World Bank team captained by the President, Mr. David Malpass and Nigeria captained by the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed ably assisted by the Central Bank of Nigeria (CBN) Governor Godwin Emiefele....
By BENJAMIN ORISEMEKE, Abuja – The Minister of Finance, Budget and National Planning, Zainab Ahmed on Monday revealed that corporates, individuals, Ministries, Departments and Agencies (MDAs) are indebted to the federal government to the tune of N5.2 trillion. Nigeria is expected to borrow over N5 trillion to finance its...
Mr Babatunde Fashola, the Minister of Works and Housing, says the President Muhammadu Buhari-led All Progressives Congress (APC) administration has been delivering infrastructural projects in spite of meagre resources. He said this at the All Progressives Congress (APC) Pre-Convention Policy Conference on Friday in Abuja. According to him, the...
By DAVID IORJA, Abuja – President Muhammadu Buhari on Tuesday directed the Minister of Finance, Budget and National Planning to look for special funding for the second runway of the Nnamdi Azikiwe International Airport, Abuja. Speaking at the inauguration of the new Terminal Building, Murtala Muhammed International Airport, Lagos,...
First Lady Aisha Buhari, on Wednesday visited the both Chambers of the National Assembly to advance her support for increased gender parity and women participation in politics. Buhari who led her aides and other female Ministers to the Senate Chambers, said, she was there to observe proceedings on the...
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said Nigeria’s economy remained the largest in Africa with over N400 billion in Gross Domestic Product (GDP). The minister said this at the 21st edition of Town Hall Meeting on the achievements of the Federal Government in infrastructure...
The House of Representatives committees on Anti-Corruption and Public Service Matters on Tuesday summoned the Secretary to the Government of the Federation, Boss Mustapha and heads of Ministries, Department and Agencies (MDAs) for failing to honour an invitation to an investigative hearing. The joint committee is furious that none...
The Nigerian National Petroleum Corporation (NNPC) Ltd has requested the sum of three trillion naira (N3,000,000,000,000) as fuel subsidy for 2022. Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed, disclosed this to State House correspondents after the Federal Executive Council meeting which was chaired by President Muhammadu...