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Minister of Finance Budget and National Planning
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 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.
President Muhammadu Buhari on Tuesday held a virtual meeting with members of the Presidential Economic Advisory Council (PEAC).
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 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 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.
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.
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.
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.
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.”
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.
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.
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.
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 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.
The Accountant General of the Federation (AGF), Mr. Ahmed Idris, has inaugurated the Committee on Federal Government Financial Transparency Guidelines and Open Treasury Portal.
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.
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.”
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.
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.
Ekiti State Police Command has placed a N5 million bounty on a suspected serial bank robber and kidnapper.
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.
Jihadists aligned to the Islamic State have killed 11 villagers in two separate attacks in Nigeria’s northeast Borno state, militia leaders said Wednesday.
As the portal for the registration of prospective beneficiaries for the Survival Fund opens on Monday, the Federal Government has released the timetable for categories of businesses to register.
The Germany international attracted plenty of interest this summer when he decided he was ready to leave RB Leipzig.
The Kaduna Internal Revenue Service (KADIRS), has so far, shut down 40 bet9ja offices in the last seven days, in its ongoing operation to close all unregistered gaming offices in the state.
Governor Babagana Zulum of Borno State has condoled with the Nigerian Army over the demise of Colonel Dahiru Bako, killed in an ambush by Boko Haram insurgents.