Home Topics Federal Ministry of Finance

Federal Ministry of Finance

Nigerians will soon see the effects of our efforts – Adeosun

Kemi Adeosun, minister of finance, says there is an urgent need to reposition the federation account allocation committee for better performance through efficient management of resources.

Adeosun canvasses fiscal discipline, rational resource allocation

The Minister of Finance, Mrs. Kemi Adeosun, has advised all tiers of government to strive for fiscal discipline, improved revenue generation, rational allocation and efficient use of resources if the economy is to move back to sustainable growth and development.

Fed govt revenue declined by N183.2bn in July

The revenue accruing to the federation account from oil and non-oil sources recorded a decline of N183.26bn from N570.58bn received in the month of June to N387.31bn in July.

Central bank kicks off ‘My Own Home’ scheme in Lagos

In a bid to promote increase access to housing finance and home ownership, the Central Bank of Nigeria (CBN) has launched its Nigerian Housing Finance Programme (NHFP) in Lagos area.

The scam in Paris Club refund

Everything about the Paris Club Refund seems very shadowy. So far, the Federal Ministry of Finance has shielded Nigerians from detailed information about the money it had shared to states as refund of excess deductions from their statutory allocations.

Economy: Fed govt as unrepentant saboteur

Notably, however, Nigeria has a mixed enterprise economic system; consequently, Government does not require gigantic budgets in order to create the conducive environment that facilitates participation by the much larger private sector in delivering basic projects and essential services.

Recent Stories

Nigerian women’s table tennis star Edem Offiong lost to African number one Dina Meshref in the final of the 2020 ITTF Africa Cup on Wednesday.

Dina Meshref defeats Offiong Edem to clinch 2020 ITTF Africa Cup

Nigerian women’s table tennis star Edem Offiong lost to African number one Dina Meshref in the final of the 2020 ITTF Africa Cup on Wednesday.
Egypt’s Ahmed Saleh stunned African number one Aruna Quadri to the men’s singles final of the 2020 ITTF Africa Cup in Tunisia on Wednesday.

Egypt’s Ahmed Saleh stuns Aruna Quadri to lift 2020 ITTF Africa Cup

Egypt’s Ahmed Saleh stunned African number one Aruna Quadri to the men’s singles final of the 2020 ITTF Africa Cup in Tunisia on Wednesday.
Abia Warriors of Umuahia have been fined N5, 000, 000, 000 (five million naira) only as a result of fans violence that marred the club’s Matchday 20 against Enyimba.

LMC slams N5 million fine on Abia Warriors for crowd violence

Abia Warriors of Umuahia have been fined N5, 000, 000, 000 (five million naira) only as a result of fans violence that marred the club’s Matchday 20 against Enyimba.
Egyptian honour guards escort the coffin of former president Hosni Mubarak during his funeral in Cairo. Khaled Desouki-AFP via Getty Images

Egypt buries autocrat Hosni Mubarak with military honours

Egypt held a military funeral Wednesday for former president Hosni Mubarak, whose three decades of strong-arm rule ended in the Arab Spring protests of 2011.
The Buhari Media Organisation (BMO) says President Muhammadu Buhari’s administration will not implement policies that will affect the existence of the poor while raising revenue to fund the nation’s infrastructure projects.

President Buhari tasks military on strategies against ISWAP threats

President Muhammadu Buhari has charged the Nigerian military to re-examine strategies towards defeating the Islamic States for West African Province (ISWAP) terrorists in the North East.