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Minister of Finance

President Muhammadu Buhari, on Friday, said the Federal Government would engage the services of members of the National Youth Service Corps to champion the implementation of the Sustainable Development Goals 2030 at the grassroots.2

President Buhari: Coronavirus caused Nigeria’s recession

As Nigeria slips into recession for the second time in five years, President Muhammadu Buhari, says it came about because of the severity of the global economic downturn caused by the COVID-19 pandemic.
The National Industrial Court in Abuja has ordered the Nigerian Bulk Electricity Trading (NBET) to pay a whistleblower, Sambo Abdullahi, all his salaries and other emoluments from December 22, 2017, till date.

Senate queries NBET over N1.5 billion unremitted fund

The Senate has queried the Nigerian Bulk Electricity Trading Company, NBET, over alleged unremitted N1.5 billion as the total amount being accrued as accumulated interests from investments in Treasury Bills.
EDITORS NOTE: Graphic content / Singapore-flagged container ship Kota Singa is docked at the Apapa Port Complex in Lagos, Nigeria's economy hub, on April 8, 2019. - The Nigerian port is congested with hundreds of ships, idly queueing for days to offload containers with goods. Lagos port congestion is affecting port operations and creating a severe backlog at ports, causing carriers’ containers to be held in port for extra days, as well as creating several miles of truck traffic at roads that links to port gates. (Photo by PIUS UTOMI EKPEI / AFP)

Nigerian government urged to tackle multiplicity of inspection, shipping charges

To ensure the drive by the federal government to boost exports succeeds, the government has been urged to simplify the process through the removal of factor associated with delays, multiplicity of product inspection and the high cost in export process.
Babagana Umara Zulum

Governor Zulum: Borno’s 25-year development plan to drive stability, stimulate growth

The Borno Government has launched a 25-year “Development Plan’’ that would ‘’drive stabilization, boost recovery efforts and stimulate growth across all sectors in the state’’, according to Gov. Babagana Zulum.
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.

No plans to increase VAT again – minister

The federal government has no plans to increase Value Added Tax (VAT) again, the Minister of Finance, Zainab Ahmed, has said.
President Muhammadu Buhari Friday held a video conference with Mr Charles Michel, President of the European Council, during which the latter reiterated Europe’s support for Nigeria’s Dr Ngozi Okonjo-Iweala as the next WTO Director-General.

President Buhari engages European Council on Ngozi Okonjo-Iweala’s WTO bid, debt relief

The Presidency on Friday quoted the President of the European Council, Mr Charles Michel, as reiterating Europe’s support for the bid of Nigeria’s former Minister of Finance, Dr Ngozi Okonjo-Iweala, to become the next Director-General of the World Trade Organisation.
As candidates jostle for the Director-General position of the World Trade Organisaion, WTO, Female Parliamentary in Nigeria, Friday, threw weight behind former Minister of Finance, Ngozi Okonjo-Iweala, to occupy the number one position of the organization.

WTO: EU chief reiterates support for Ngozi Okonjo-Iweala

President of the European Council, Mr Charles Michel, has reiterated Europe’s support for Nigeria’s Dr Ngozi Okonjo-Iweala as the next Director-General of the World Trade Organisation (WTO).
President Muhammadu Buhari has pledged that Nigeria will within the limits of resources do her best to support the consolidation of democracy in West African countries.4

President Buhari condoles with Burkina Faso leader over father’s death

President Muhammadu Buhari on Thursday evening spoke on phone with President Marc Christian Kabore of Burkina Faso to commiserate with him and the nation following the demise of the president’s 90-year old father, Bila Kabore.
Vladimir Putin has formally signed off on constitutional amendments that would allow the Russian leader to run again for president in 2024.

Russia orders bars, restaurants to close at night due to virus infections

The Russian Government on Tuesday ordered bars and restaurants throughout the country to close from 11: p.m. to 6: a.m. as a precaution against the spread of the coronavirus pandemic.
Poland’s President Andrzej Duda has tested positive for coronavirus, an aide said on Saturday, as the country faces a record rise in cases.

Poland’s president tests positive for coronavirus

Poland’s President Andrzej Duda has tested positive for coronavirus, an aide said on Saturday, as the country faces a record rise in cases.
Indonesia rejected this year a proposal by the United States to allow its P-8 Poseidon maritime surveillance planes to land and refuel there, according to four senior Indonesian officials familiar with the matter.

Indonesia rejected US request to host spy planes

Officials tell Reuters Indonesia turned down a US request to allow its P-8 Poseidon planes to land and refuel there.
Speaker of the House of Representatives, Rep. Femi Gbajabiamila on the floor, moving a bill on the Repeal of Quarantine Act, 2004 at plenary yesterday at National Assembly Abuja. . Photo by Gbemiga Olamikan. 1

NASS: We have not received new PIB from Presidency

The National Assembly, NASS, has denied getting the new copy of Nigeria’s Petroleum Industry, PIB, from the Presidency.
Nigerian Ports Authority (NPA) on Monday said that operations would continue at the ports in spite of the two-week lockdown of Lagos State to contain spread of COVID-19.

Nigeria considering zero import duties on new vessels

The Federal Ministry of Transportation has revealed that it is considering zero import duty on new vessels, parts for ship building and repairs following years of agitation by indigenous shipping operators for import duty waiver as obtained in aviation sector.
Zainab Ahmed, the minister of finance, budget and national planning, says state and local governments share some of the responsibility to fix roads in Nigeria.

Minister, others shun senate over 2020 budget performance

Minister of Finance, Budget and National Planning, Zainab Ahmed, Thursday shunned the Senate when summoned to brief lawmakers of 2020 Budget Performance.
Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, who conveyed the Ministry’s position to the Honourable Minister of Finance, Hajiya Zainab Ahmed, in Abuja, reiterated the commitment of the Honorable Minister of Transportation, Rt. Honourable Rotimi Chibuike Amaechi towards ensuring the growth of maritime in Nigeria.

Nigeria mulls tax holiday for maritime sector due to coronavirus pandemic

In a bid to stimulate investment and boost activities in the maritime industry, amid the downturn induced by COVID-19, the Federal Ministry of Transportation is seeking a package of tax incentives for the sector.
As candidates jostle for the Director-General position of the World Trade Organisaion, WTO, Female Parliamentary in Nigeria, Friday, threw weight behind former Minister of Finance, Ngozi Okonjo-Iweala, to occupy the number one position of the organization.

Former Nigerian minister makes shortlist for WTO top job

Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, has scaled yet another hurdle in the race for the job of Director General of the World Trade Organisation (WTO).
Debates on revenue collections from Stamp Duties between Federal Inland Revenue Service (FIRS) and Nigerian Postal Service (NIPOST) was brought to a close as FIRS submitted that it was backed by law to collect stamp duties.

FIRS rakes in N438 billion from non-oil tax in July

The Federal Inland Revenue Service (FIRS) says it has recorded significant increase in collectable tax revenue from the non-oil sector of the economy.
Vice President Yemi Osinbajo on Thursday presided over a virtual meeting of the National Economic Council (NEC) at the Presidential Villa, Abuja.

VP Osinbajo presides over 4th virtual NEC meeting

Vice President Yemi Osinbajo on Thursday presided over a virtual meeting of the National Economic Council (NEC) at the Presidential Villa, Abuja.

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Mrs Monica Ugwuanyi’s Ugo-Touch of Life Foundation (U-TOLF) that donated to the ENS–PHCDA large quantities of multivitamins, de-worming drugs, other drugs and medical consumables for the ongoing programmes.

Enugu traditional rulers charged on mobilising subjects for free healthcare services

Enugu State Government has charged traditional rulers on the need to mobilise their subjects to visit Primary Health Care Centres (PHCs) to access free and comprehensive healthcare services.

Court restores Abigborodo, Hely Creek fields to Transnational Energy

A Federal High Court in Abuja has set aside the purported reversal of the consent given by the Federal Government for the farm-out agreement between Chevron and Transnational Energy Limited (TEL) on the Abigborodo and Hely Creeks marginal fields in the Oil Mining Lease (OML) 49.
IDP

Over 6,000 FCT IDPs face eviction by landowners

The Vice Chairman of Internally Displaced Persons, IDPs, camp in New Kuchingoro in Abuja Municipal Area Council, AMAC, Federal Capital Territory, Abuja, Usman Adamu, weekend, cried out that over 6, 000 IDPs will be evicted from the land they currently occupy in January 2021 by landowners.
Genk centre-forward Paul Onuachu has appreciated Junya Ito and Theo Bongonda for their assistance in the brace he scored against Cercle Brugge on Saturday.

Genk forward Paul Onuachu thanks teammates after bagging brace vs Cercle Brugge

Genk centre-forward Paul Onuachu has appreciated Junya Ito and Theo Bongonda for their assistance in the brace he scored against Cercle Brugge on Saturday.

#EndSARS: Edo lawyer wants judicial panel of enquiry on police attacks

An Edo state-based lawyer and notary public, Olayiwola Afolabi, has called on the federal government to institute a judicial panel of inquiry to investigate attacks on police officers by suspected hoodlums during the #EndSARS protest that went violent leading to the destruction of properties and loss of lives across the country.