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The Federal Government has announced that it was fine-tuning arrangements to embark on a 30-year economic long-term development plan.
Nigeria is set to establish a government-driven national donor coordination mechanism to ensure that external financing is maximised for the good of the country, Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Wednesday.
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Wednesday revealed that the government was set to establish a government-driven national donor coordination mechanism to ensure that external financing is maximised for the good of the country.
The federal government is working towards submitting the 2020 appropriation bill to the National Assembly by the end of this month, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has said.
The National Economic Council (NEC) yesterday resolved to constitute a team to recover N614bn budget support loan facility given to 35 out of the 36 states of the federation.
The Minister of State for Budget and National Planning, Mr Clement Ikanade Agba, has urged the staff of the ministry to work as a team to ensure that next 2020 Budget is ready next month.
The new minister of State for Budget and National Planning, Clement Agba has charged staff of the ministry to work harder and smart to realize the Next Level agenda of the federal government.
The execution of Nigeria’s N8.91 trillion 2019 budget is being threatened as the price of Bonny Light, the nation’s premium oil grade slides further from $60.86 to $57.21 per barrel, indicating a drop of $3.65.
President Muhammadu Buhari may be among the very few Nigerians with the blood of nationalism running in their veins, but his Democracy Day pledge to lift 100 million citizens out of poverty over the next 10 years appears empirically doubtful going by the realities of the nation’s economic fundamentals.
An end to the erratic power supply in Nigeria is far from sight. Reason: Nigeria’s power sector losses have risen to N332.4 billion due to insufficient gas supply, distribution and transmission infrastructure between January and July, 2019.
There is still high rate of poverty in Nigeria despite government’s effort in pulling the country out of recession, the national chairman of the All Progressives Congress (APC), Adam Oshiomhole, has said.
Lagos Chamber of Commerce and Industry (LCCI) says the lending policy of the Central Bank of Nigeria (CBN) will normalise the credit markets, spur economic growth and broaden the interface between entrepreneurs and the banking industry.
The federal government says it has paid N135 billion of all outstanding PAYE tax liabilities owed by Federal Ministries, Departments and Agencies (MDAs) for 14 years to various states governments.
The Federal Government has directed the Central Bank of Nigeria (CBN), Nigeria InterBank Settlement System (NIBBS), the National Identity Management Commission (NIMC), to cooperate with the Joint Tax Board (JTB) in the release of relevant individual records.
The Federal Government through the Presidential Amnesty Programme is set to train 2,500 Niger Delta Youths on fishing and associated seafood production.
The manufacturing sector recorded a decline of about N77.92bn in output in the first quarter of this year, figures obtained from the National Bureau of Statistics have revealed.
The Progressive Governors’ Forum of the All Progressives Congress has inaugurated a governance programme steering committee to ensure uniformity of policy initiatives in all the APC controlled states.
The automatic employment of 37 graduating students of the Yobe College of Nursing and Midwifery by the State Government has excited residents.
The Peoples Democratic Party (PDP) has congratulated Governor Ifeanyi Okowa of Delta State and his Abia counterpart, Okezie Ikpeazu, over the Governorship Elections Petition Tribunals judgment which upheld their elections.
The President of the Senate, Ahmad Lawan, said on Friday that the National Assembly is eager to receive the 2020 budget proposals.
Yobe State Governor Mai Mala Buni has listed key areas that he wants the North-East Development Commission (NEDC) to intervene in, as it rolls out its activities in the region to help people affected by the Boko Haram crisis to reclaim and rebuild their lives.
South African Government on Monday formally apologised to Nigerians and the Nigerian Government over recent xenophobic attacks on foreign nationals including Nigerians in that country.
The Deputy Speaker of the House of Representatives, Mr Ahmed Wase (APC-Plateau), has been sworn in as the first Deputy Speaker of the Economic Community of West African States Parliament.
Brexit Secretary Stephen Barclay urged Brussels to show “creativity and flexibility” in negotiations over Britain leaving the EU on Thursday, after the Finnish prime minister said London must produce new proposals by the end of this month.
Stakeholders in the environment sector have commended Nigeria’s implementation of its Nationally Determined Contributions (NDCs) in terms of mitigation and adaptation of climate change.
The Governorship Election Petition Tribunal sitting in Uyo, Akwa Ibom State, on Thursday upheld the March 9 election of Governor Udom Emmanuel of the Peoples Democratic Party.