Home Topics Minister of Finance Budget and National Planning

Minister of Finance Budget and National Planning

Lagos lawyer and human rights activist, Femi Falana

Femi Falana: Nigeria’s revenue didn’t drop by 65 percent

The Chairman, Alliance for Survival of COVID-19 and Beyond, Mr. Femi Falana (SAN), has faulted the claims made by the Minister of Finance, Budget and National Planning, Zainab Ahmed, that Nigeria’s revenue dropped by 65 per cent.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund.

Nigerian government seeks bankers’ partnership to ravamp economy

The Federal Government is seeking the partnership of the banking sector in its efforts to revamp the ailing economy occasioned by the outbreak of the coronavirus pandemic.
Nigerian President Muhammadu Buhari3

President Buhari holds presidential economic advisory council meeting

President Muhammadu Buhari on Tuesday held a virtual meeting with members of the Presidential Economic Advisory Council (PEAC).
File photo- Construction work at the Dangote refinery and fertiliser site in Lekki Lagos. Company complying with Local Content Act

Dangote refinery will sell petrol at international price – minister

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petrol because the refinery will be selling at the international price.
President Muhammadu Buhari inaugurates APC tripartite committee at the State House on Monday, August 31, 2020.

President Buhari approves stakeholders meeting with organized labour over strike

President Muhammadu Buhari on Friday approved a meeting between the Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, the Minister of Labour and Employment, Senator Chris Ngige and the organized labour.

Nigeria could lose $600 million to imported meters

Nigeria may lose over $600 million to capital flight in favour of China in addition to hurting the local content pursuit with the recent presidential approval to defer for one year, the 35 per cent import taxes on three million pre-paid electricity meters, which are to be imported into the country, the meter manufacturers in the country have warned.
President Muhammadu Buhari is currently presiding over the eighth virtual meeting of the Federal Executive Council (FEC) holding inside the Council Chambers of the State House, Abuja.

FEC ratifies $3.1 billion customs modernization project

The Federal Executive Council, FEC, on Wednesday ratified the $3.1 billion anticipatory approval by President Muhammadu Buhari for the modernization of the Nigerian Customs Service, NCS.
Embattled President of African Development Bank (AfDB), Dr Adewumi Adesina, has survived a second round of investigation into his conduct, giving him a boost in his re-election bid next month.

Nigerian government congratulates Akin Adesina on re-election as AfDB president

The Federal Government has congratulated Dr Akinwumi Adesina, President of African Development Bank (AfDB) Group on his re-election as the eighth president of the bank for a second term.

Expert lauds President Buhari for granting waiver on prepaid meters import levy

An Electricity expert, Mr Mohammed Idris on Monday commended President Muhammadu Buhari for granting a one-year waiver on import levy on prepaid electricity meters.

SERAP sues President Buhari over ‘failure to publish details of N800 billion recovered loot’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over failure to “disclose information and documents relating to the names of people from whom N800 billion in looted public funds have been recovered, specific dates of the recovery, and details of projects on which the money has been spent.”
Zainab Ahmed

Nigerian government to sustain 2020 budget funding despite GDP contraction – minister

The Federal Government has expressed its determination to continue funding the 2020 budget to ensure that the economy recovers as projected, even as the country’s Gross Domestic Product (GDP) contracted by -6.10 percent in the second quarter of 2020.
Zainab Ahmed

Nigeria’s recession will be short-lived – minister

This came as the Federal Government, yesterday, said despite the N2.3 trillion Economic Stimulus Plan put in place to contain impact of the Coronavirus (COVID-19) pandemic on the economy, there is the possibility that the third quarter, 2020 (Q3’20) Gross Domestic Product, GDP, growth rate will be negative, while the economy will relapse into a recession.
8. President Muhammadu Buhari presides over the weekly virtual Federal Executive Council (FEC) Meeting, at the Council Chambers, State House, Abuja.

President Buhari approves 35% import tax adjustment on meters

President Muhammadu Buhari has approved one-year deferment of the 35 percent import adjustment tax (levy) imposed on fully built unit (FBU) electricity meters HS Code 9028.30.00.00.

SEC educates investors on ‘investing in difficult times’

The Securities and Exchange Commission (SEC) has held a webinar to educate investors in the Nigerian capital market in understanding the rudiments of investing in difficult times.
The Minister of Mines and Steel Development, Olamilekan Adegbite, on Tuesday said the Federal Government had been able to recover 25 sites from 2007 that the programme started.

Nigerian government to slash allocations to states involved in double taxation of mining companies

The federal government will slash the allocation of states where registered mining companies are taxed by local and state governments, the minister of information, Lai Mohammed, has said.
Ahmed Idris, the Accountant-General of the Federation (AGF)

Nigerian government inaugurates commitee on public finance transparency

The Accountant General of the Federation (AGF), Mr. Ahmed Idris, has inaugurated the Committee on Federal Government Financial Transparency Guidelines and Open Treasury Portal.
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.

House of Reps summons finance minister, predecessor over N1.7 trillion

The former Minister of Finance, Kemi Adeosun, and the incumbent Minister of Finance, Budget and National Planning, Zainab Ahmed, are expected to appear in person before the House of Representatives Committee on Public Accounts to give accounts on the sum of 1.7 trillion naira appropriated for the implementation of National Social Investment Programmes from 2016 to 2019.
3. The truce-seeking trip of President Muhammadu Buhari to the Malian capital of Bamako on Thursday ended without a deal to soothe the country’s escalating political crisis.

SERAP urges court to order President Buhari to publish details of government loans since...

Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal High Court, Abuja, to order President Muhammadu Buhari to “publish details of loans that have been obtained by the government since May 29, 2015, including the interest rate, the total amount of debts that have so far been incurred by this government, as well as details of the projects on which the loans have been spent.”

Recent Stories

Katsina United are interested in signing midfielder Chukwuka Onuwa after parting ways with Champions Enyimba of Aba.

Katsina United leads the race to sign Chukwuka Onuwa

Katsina United are interested in signing midfielder Chukwuka Onuwa after parting ways with Champions Enyimba of Aba.
Liverpool are ready to test Anderlecht's resolve for Jeremy Doku before the market shuts.

Liverpool plan bid for Anderlecht superkid Jeremy Doku

Liverpool are ready to test Anderlecht's resolve for Jeremy Doku before the market shuts.
Premier League chief executive Richard Masters has hailed a test event for the partial return of supporters as a success, after 2,500 fans attended Brighton’s friendly with Chelsea.

Premier League ‘certain’ return of fans would be ‘safe’ as government ‘pause’ plans

Premier League authorities insist they are ‘certain’ that a staged return for fans is ‘safe’ as the government pauses plans to allow supporters back inside sporting stadia.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Ekiti: Police place N5 million bounty on wanted ‘notorious criminal’

Ekiti State Police Command has placed a N5 million bounty on a suspected serial bank robber and kidnapper.
Laycon, Big Brother Naija lockdown housemate, has revealed that he actually entered this season’s reality show to ‘catch cruise.’

#BBNaija enthusiast predicts Laycon as winner of Sunday’s grand finale

Mr Desmond Urama, a Big Brother Naija (BBNaija) Lockdown 2020 enthusiast, says Laycon, one of the housemates, will emerge overall best in the Sunday grand finale of the live TV show.