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Minister of Finance

PRESIDENT MUHAMMADU BUHARI INAUGURATES BOARD MEMBERS OF THE NORTH-EAST DEVELOPMENT COMMISSION AT THE COUNCIL CHAMBER STATE HOUSE. PHOTO; SUNDAY AGHAEZE. MAY 8 2019 3

President Buhari, ministers in valedictory FEC session today

President Muhammadu Buhari will preside over the valedictory session of the Federal Executive Council (FEC), on Wednesday, exactly a week before his inauguration for another four-year tenure.
Ahmed Idris, the Accountant-General of the Federation (AGF)

Nigeria pledges to support Gambia on TSA

The Office of the Accountant-General of the Federation (OAGF) says it will fully support the visiting Gambian team on its quest to learn operations of the Treasury Single Account (TSA).
LOOM

SEC: Loom is a ponzi scheme

The Securities and Exchange Commission (SEC) yesterday warned Nigerians against the activities of some fraudsters running an online investment scheme tagged ‘Loom Money Nigeria’.
Zainab Ahmed

States to get N649 billion Paris Club fund

State governments will soon smile to the banks as the federal government has concluded plans to commence the final phase of the Paris Club debt refunds.
Acting Finance Minister of Finance Zainab Ahmed

Minister: Taxpayers increased by 23 million within three years

The number of taxpayers in Nigeria has, within the period of three years, increased by 23 million.
Acting Finance Minister of Finance Zainab Ahmed

Minister: 2019 budget assessment to be completed soon

Mrs Zainab Usman, the Minister of Finance, says assessment of the 2019 Appropriation Bill will be completed soon and a report will be rendered to President Muhammadu Buhari.
LOOM

SEC warns Nigerians to beware of Loom ponzi scheme

The Securities and Exchange Commission (SEC) has raised the alarm over the activities of some fraudsters currently running an online investment scheme tagged ‘Loom Money Nigeria’.
Zainab Ahmed

Federal government recovers N605 billion through whistleblower policy

The Federal Government on Thursday said that it had recovered about N605bn through the implementation of the whistleblower policy.
PRESIDENT BUHARI PRESIDES OVER FEC MEETING MAY 8 2019 5

FEC approves water projects, demolition equipment, others

The Federal Executive Council (FEC) on Wednesday approved a number of contracts including a water project and the installation of 30 kilometers pipeline at the cost of N2.5 billion.
Zainab Ahmed, minister of finance, says the federal government is working on a policy that will limit the number of children a woman can give birth to.

FEC okays N970.2 million for construction of Nigeria Customs barracks

The Federal Executive Council (FEC) on Wednesday approved the sum of N970.2 million for the proving of residential accommodation for the Nigeria Customs Service (NCS).
L-R AFX Group UK Business Development and Sales associate, Mr. Claude Herve; Country Manager, Fintech Global Markets Engr. Joel Adoki ; Chief Executive Officer MBA Forex International Mr. Maxwell Odum and Head of Back office and Trade Desk AFX Group UK, Mrs. Natalia Stetco during a session at a one day Financial Investors Summit held in Lagos on Saturday.

Report: Nigeria’s rising debt jostles investors

Some foreign investors and analysts are beginning to raise concerns about the cost of Nigeria’s debt and how the proceeds of bond sales are utilised.

Report: Nigeria’s rising debt servicing cost unsettles investors

The cost of servicing government debt in Nigeria is dampening foreign investors’ appetite to inject capital into the country.
Zainab Ahmed

Official: How federal government saved over N600 billion through IPPIS, audit platform

The Minister of Finance, Zainab Ahmed, said the federal government saved over N600 billion by using the Integrated Personnel and Payroll Information System (IPPIS) platform and also embarking on the Presidential Initiative on Continuous Audit (PICA).
L-R Minister of Finance, Hajia Zainab Ahmed,-br --Minister of Transportation, Hon. Chibuike Amaechi in CRRC Tangshan

Federal government inspects 64 coaches in China for rail projects

The Federal Government has inspected 64 coaches under construction in China for the various rail projects in Nigeria with 10 coaches to be delivered in June for Abuja-Kaduna rail corridor.

Ministerial appointments: Not a party affair

The argument that President Muhammadu Buhari should bother more about Atiku Abubakar’s petition against his re-election rather than concentrating on forming a government, loses sight of the ‘no vacuum in government’ philosophy
Zainab Ahmed, minister of finance, says the federal government is working on a policy that will limit the number of children a woman can give birth to.

Minister: Nigeria’s debt still low, no removal of fuel subsidy yet

Nigeria’s debt, which is about 19 per cent of the country’s Gross Domestic Product (GDP), is still considered low among developing economies, the supervising minister of finance, Zainab Ahmed, has said.
Zainab Ahmed

Minister: Poor revenue hinders budget implementation

The federal government has decried Nigeria’s weak revenue generation profile which it said was hindering ability to operate the national budget.
President Muhammadu Buhari on Tuesday met with the President of the African Development Bank, Dr Akinwumi Adesina, at the Presidential Villa, Abuja.

President Buhari meets with AfDA chief at Aso Rock

President Muhammadu Buhari on Tuesday met with the President of the African Development Bank, Dr Akinwumi Adesina, at the Presidential Villa, Abuja.

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Archbishop of Enugu Ecclesiastical Provence, Church of Nigeria, Anglican Communion, Dr. Emmanuel Chukwuma

Bishop Chukwuma challenges Governor Ugwuanyi on legacy projects

Most Rev. Emmanuel Chukwuma, Archbishop of Enugu Ecclesiastical Province, Anglican Communion, has appealed to Gov. Ifeanyi Ugwuanyi of Enugu State to leave legacies that posterity would remember him for.

NDLEA: 27 million involved in illicit drugs globally

The National Drug Law Enforcement Agency (NDLEA), has expressed worry over prevalent cases of drug abuse among youths in the country.
Governor of Edo State, Mr. Godwin Obaseki

Central bank, BoI mull financing window for Edo Creative Hub

The Central Bank of Nigeria (CBN) and the Bank of Industry (BoI), have disclosed plans to partner with the Edo State Government to ease access to finance to creators at the Edo Creative Hub.

Police confirm Lagos man kills wife, son, self

The police in Lagos said a 42-year-old man, Enifeh Omomo, allegedly committed suicide after killing his wife and their six-year-old son at their Ikorodu residence.
This picture taken on Tuesday, July 17, shows trucks completely blocking a section of the Oshodi-Apapa Expressway at Second Rainbow inward Mile 2, and commercial buses driving against traffic.

Truckers hails removal of navy from controlling Apapa traffic

The Federal Government’s withdrawal of the Nigerian Navy and other military formations from controlling traffic at the Apapa Port has been lauded as a welcome development by some truck owners.