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Minister of Finance

The Presidential Election Petition Tribunal has upheld argument by President Muhammadu Buhari that it lacked the jurisdiction to entertain allegation of corrupt practices and voters’ inducement raised against Vice President Yemi Osinbajo in the petition by Atiku Abubakar and the PDP.

VP Osinbajo presides over NEC meeting

Vice President Yemi Osinbajo on Thursday presided over the National Economic Council (NEC) meeting at the Presidential Villa, Abuja.
The royal family of Ogwashi-Uku Kingdom in Aniocha South Local Government Area of Delta State has insisted that the installation of the new Obi (King), Ifechukwude Chukwuka Okonjo was not done in error.

Ogwashi-Uku: Obi Ifechukwude Okonjo legitimately installed – Royal family

The royal family of Ogwashi-Uku Kingdom in Aniocha South Local Government Area of Delta State has insisted that the installation of the new Obi (King), Ifechukwude Chukwuka Okonjo was not done in error.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

President Buhari, Jonathan mourn ex-minister Okonjo-Iweala’s father

President Muhammadu Buhari has condoled with the family of former Minister of Finance, Ngozi Okonjo-Iweala, over the passing to glory of the patriarch of the family, Obi Chukuka Okonjo, at 91.
The Obi of Ogwashi-Uku in Aniocha South Local Government Area of Delta State, Obi (Prof.) Chukwuka Okonjo, has joined his ancestors.

President Buhari mourns Obi Chukuka Okonjo

President Muhammadu Buhari has condoled with the family of former Minister of Finance, Dr Ngozi Okonjo-Iweala, over the passing to glory of the patriarch of the family, Obi Chukuka Okonjo, 91.
Gov. Ifeanyi Okowa of Delta on Saturday, commiserated with the Okonjo family and Ogwashi-Uku community on the death of the Obi of Ogwashi-Uku Kingdom, Prof. Chukuka Okonjo.

Delta governor reacts to monarch’s demise

Gov. Ifeanyi Okowa of Delta on Saturday, commiserated with the Okonjo family and Ogwashi-Uku community on the demise of the Obi of Ogwashi-Uku Kingdom, Prof. Chukuka Okonjo.

CSOs caution government against increase of VAT to 7.2 percent

Civil Society Organizations (CSOs), under the auspices of The Tax Justice and Governance Platform, (TJGP) have called on the federal government to concentrate more efforts on ensuring the proper collection of appropriate taxes than increasing the Valued Added Tax.
The Obi of Ogwashi-Uku in Aniocha South Local Government Area of Delta State, Obi (Prof.) Chukwuka Okonjo, has joined his ancestors.

Ex-Minister Okonjo-Iweala’s father passes on at 91

The Obi of Ogwashi-Uku in Aniocha South Local Government Area of Delta State, Obi (Prof.) Chukwuka Okonjo, has joined his ancestors.
Kola Ologbondiyan

PDP, NLC kick over VAT increase

The Senate Committee on Finance is to invite the Minister of Finance, Zainab Ahmed, and the Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler to throw more light on the reasons for the proposed increase of Value Added Tax (VAT) from current 5 per cent to 7.2 per cent.
Bank of Industry (BoI)

Bank of Industry scales up interventions to crisis-affected states

The Managing Director/Chief Executive, Bank of Industry, Mr. Olukayode Pitan, has said the bank is exploring ways to help drive efforts at implementing viable solutions required to scale up interventions in support of crisis-afflicted communities across the country.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Federal government to establish national donor coordinating unit

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.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

$9 billion judgment: President Buhari asks EFCC, NIA to probe 2010 contract

President Muhammadu Buhari has directed the Economic and Financial Crimes Commission, the National Intelligence Agency and the Inspector General of Police to conduct a thorough investigation into Process and Industrial Developments Ltd which was recently asked by a UK court to seize $9.6 bn dollars in Nigerian assets.

$9.6 billion judgment debts: Federal government links contract to ex-president’s administration

The Federal Government has linked the contract which led to a judgement debt of $9.6billion (N3.5trillion) to the administration of ex-President Goodluck Jonathan.
Zainab Ahmed

Minister: Nigeria’s problem is revenue, not debt

Minister of Finance, Zainab Ahmed, has said that Nigeria does not have a debt problem, despite misgivings amongst experts over the country’s rising debt profile.
Yemi Osinbajo

VP Osinbajo presides as NEC meeting resumes following inauguration of cabinet

Vice President Yemi Osinbajo on Thursday presided over the National Economic Council (NEC) meeting at the Presidential Villa, Abuja.
The All Progressives Congress, APC, has challenged newly sworn in ministers to justify the confidence reposed in them by President Muhammadu Buhari and all Nigerians, by settling down to work quickly, hit the ground running and consolidate on the progress that have been made in the various sectors.

Capital market operators task new ministers on recession

Some capital market operators on Thursday said there was the need for the new ministers to commence work without delay to revive the nation’s economy to avoid another round of recession.
Acting Finance Minister of Finance Zainab Ahmed

Nigeria risks fiscal crisis without increased revenue – minister

Minister of Finance, Zainab Ahmed, has warned that the Nigerian economy could go into fiscal crisis if the country fails to increase its revenue.
Bello Matawalle

Zamfara recovers N282.5 million from AMCON – governor

Governor Bello Matawalle of Zamfara on Friday received a draft cheque of N282.5 million from the Assets Management Corporation of Nigeria (AMCON) being excess money recovered from auction of the state government’s properties.

EFCC asked to probe Delta government over Paris Club refund transactions

A private firm has asked the Economic and Financial Crimes Commission (EFCC) to investigate alleged fraudulent transactions involving the Paris club refund by the Delta State Government.

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Five burnt to death in Lagos-Ibadan highway bus explosion

At least five passengers died on Friday after a commercial bus they were travelling in crashed into a median and went up in flames at Onigari, a border town between Ogun and Oyo states on the Lagos-Ibadan Expressway.
In a bid to create access to quality education, Governor Nyesom Wike of Rivers State has announced the abolition of all forms of fees and levies in public primary and secondary schools across the state.

PDP governors meet in Port Harcourt

According to Mr Simeon Nwakaudu, Special Assistant (Electronic Media) to Gov. Nyesom Wike, the meeting was attended by Govs. Umaru Fintiri (Adamawa), Emeka Ihedioha (Imo); Seyi Makinde (Oyo); Samuel Ortom (Benue); Aminu Tambuwal (Sokoto); and Mohammed Mattawale (Zamfara).

Minister reiterated federal government’s commitment to human, capital, infrastructure development

Minister of Works and Housing Babatunde Fashola has said the Federal Government is committed to human capital, economic and infrastructure developments to boost Nigeria’s global competitiveness.

Woman commits suicide three months after boyfriend killed self

An apprentice at a tailoring shop in Lagos, Adenike Fatai, reportedly committed suicide just three months after her boyfriend identified as Bayo Atanda also killed self.