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Minister of Budget and National Planning

Nigeria's Budget Minister Udoma Udo Udoma speaks during the public presentation and breakdown of 2018 Appropriation Act in Abuja, Nigeria.

2019 budget: Federal government unsure of how to bridge funding gap

The federal government says it is caught between a rock and hard place on how to raise additional N102.84 billion to bridge the funding gap created in the 2019 budget as a result of the increase of N90.3 billion by the National Assembly.
Vice President Osinbajo joined cabinet Ministers and other officials at the signing of the 2019 budget by President Muhammadu Buhari, at the Presidential villa

President Buhari signs N8.92 trillion 2019 budget into law with reservations

President Muhammadu Buhari, who on Monday signed the 2019 appropriation bill of N8.92 trillion into law, said adjustment of the budget by the National Assembly may affect its smooth implementation.
Vice President Osinbajo joined cabinet Ministers and other officials at the signing of the 2019 budget by President Muhammadu Buhari, at the Presidential villa

President Buhari signs Appropriation bill of N8.92 2019 budget into law

President Muhammadu Buhari on Monday in Abuja signed the 2019 Appropriation bill of N8.92 trillion into law.
President Muhammadu Buhari has joined all members of the All Progressives Congress (APC) in felicitating with the party’s National Chairman, Comrade Adams Oshiomhole on his 67th birthday.

President Buhari may retain Udo Udoma, Tunde Fashola, Lai Mohammed

Current ministers who excelled during President Muhammadu Buhari’s first term will be considered for automatic appointment into his cabinet during his second term in order to ensure continuity, according to a report.
Nigeria's Budget Minister Udoma Udo Udoma speaks during the public presentation and breakdown of 2018 Appropriation Act in Abuja, Nigeria.

Federal government approves N977.7 million N-Creative, N-Tech trainings for 3,500 beneficiaries

The Federal Executive Council (FEC) on Thursday approved the total of sum of N977.7 million for the N-Creative and N-Tech trainings to empower 3,500 beneficiaries in Northern and Southern Nigeria respectively.
President Buhari presides over Federal Executive Council (FEC) December-2

Ministers lobby for retention in next federal cabinet

Uncertainty now surrounds the constitution of the next federal cabinet by President Muhammadu Buhari who sources say is keeping All Progressives Congress (APC) governors, ministers, associates and loyalists guessing on who are likely to be part of his team.
Zainab Ahmed

Finance minister: No plan to remove fuel subsidy now

Nigeria’s Finance Minister Zainab Ahmed has reiterated government’s resolve not to remove fuel subsidy. She made the emphasis against the backdrop of long queues emerging at some filling stations amid the fear that a removal was imminent.
Zainab Ahmed

Finance Minister: Nigeria ready for business

Nigeria’s finance minister, Zainab Ahmed, has told global investors that Nigeria is ready for business.
President Buhari presides over Federal Executive Council (FEC) Meeting in State House on 12th Dec 2018-4

FEC approves N5.5 billion for training, employment of 12,000 Nigerians

The Federal Executive Council (FEC) Wednesday in Abuja approved N5.5 billion for the training and provision of work tools for 12,000 young Nigerians under the N-Power scheme of the federal government’s Social Investment Programme (SIP).
Zainab Ahmed

Minister: Nigeria to introduce new taxes to increase revenue

The federal government has concluded plans to increase revenue by introducing new taxes, Minister of Finance, Zainab Ahmed, told lawmakers on Wednesday.

Federal government committee to harmonise oil, gas revenue

The Federal Government has set up a committee to harmonise oil and gas revenue and production data of government earnings from all sectors of the economy.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 3

President Buhari: We’ll review national minimum wage report speedily

President Muhammadu Buhari on Monday in Abuja received the report of the Presidential Technical Advisory Committee on the Implementation of the National Minimum Wage with a pledge to review it expeditiously.

Experts: VAT increment will further worsen Nigerians’ situations

A notice by Minister of Budget and National Planning, Senator Udoma Udo Udoma and Executive Chairman of Federal Inland Revenue Service (FIRS) Mr. Babatunde Fowler of government’s intention to raise the rate of value added tax (VAT) before the end of 2019 is presently causing ripples among various categories of Nigerians.

FIRS refutes report of 50% VAT increase

The Federal Inland Revenue Service (FIRS) on Wednesday refuted report of planned increment of Value Added Tax (VAT) by 50 per cent to meet up payment of the newly proposed minimum wage.
Udoma Udo Udoma, minister of budget and national planning

Federal government to adjust 2019 budget to accommodate new minimum wage

The Federal Government would send request to the National Assembly for adjustments to the 2019 budget to reflect ways of sourcing funds to pay the new national minimum wage which was approved by the Senate.
President Buhari receives in Courtesy Visit Labour Leadership led by President of Nigeria Labour Congress Ayuba Wabba in State House on 7th Mar 2019-3

Minister: Improved healthcare, priority for President Buhari’s administration

President Muhammadu Buhari’s administration places a very high premium on improving health care delivery and social welfare of Nigerians, according to Minister of Budget and National Planning, Sen. Udoma Udoma.
Senate President Senator Bukola Saraki

Senate approves N30,000 minimum wage

The Senate, on Tuesday, approved N30, 000 as the new national minimum wage with an appeal to the Federal Government to start the implementation immediately to prevent workers from embarking on strike to demand the payment.
President Buhari receives in Congratulatory Visit Members of the Traditional Rulers Council in State House on 5th Mar 2019-2

Committee to outline fresh policies for President Buhari’s second term begins work

A head of the formal inauguration of President Muhammadu Buhari for a second term, a committee to aid the administration deliver on fresh mandates and policy have been constituted and has commenced work.

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