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Minister of Finance

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.

Coronavirus: Nigeria to review budget as oil price plunges

The Federal Government has announced plans to review the 2020 budget as crude oil revenue comes under pressure from the effects of the raging coronavirus infection globally.
President of the Senate, Ahmad Lawan, arriving the Isolation Centre at the University of Abuja Teaching Hospital, Gwagwalada, during the tour of isolation centres in the Federal Capital Territory on Wednesday, March 4, 2020. 6

Coronavirus: Senate president asks finance ministry to release N620 million to NCDC

President of the Senate, Ahmad Lawan, has asked the Minister of Finance, Zainab Ahmed, to immediately release the sum of N620m to the Nigerian Centre for Disease Control (NCDC), an amount budgeted for emergency response to the Coronavirus (COVID–19) outbreak.

$53 million debt: Court urges central bank chief, others to explore out of court...

The Federal High Court, Abuja on Wednesday admonished the Central Bank Governor (CBN), Godwin Emefiele, on possible out of court settlement in a suit brought against him over $53 million unpaid legal fees.
The Nigeria Governors’ Forum (NGF) and the Federal Government have commenced a Human Capital Development (HCD) plan towards moving 24 million Nigerians out of poverty before 2030.

Governors upset by excess crude account depletion

Governors are worried about the depletion of the Excess Crude Account (ECA) and the resurgence of insecurity especially the upsurge of Boko Haram attacks, it was learnt at the weekend.

Customs chief fails to appear before Senate panel again

The Comptroller General of the Nigerian Customs Service, Hameed Ali, has failed to appear before the Senate Committee on Public Accounts despite several summons.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Muhammad Nami, has launched a national tour of the six geo-political zones to sensitise the nation, especially taxpayers, on the 2019 Finance Act.

Nigeria: FIRS sole collector of stamp duty

The federal government has finally put to bed the controversy over who will collect stamp duty has finally been rested.
President Muhammadu Buhari has in Addis Ababa, Ethiopia, vowed that his delegation will resist any attempt to use the Africa Union (AU) Peace Fund to subsidize the activities of the United Nations (UN).

SERAP asks President Buhari to make exact amount stolen by Sani Abacha public

Socio-Economic Rights and Accountability Project has asked the Federal Government to make public the exact amount of public funds stolen by a former military head of state, Sani Abacha, and details of spending of about $5 billion recovered loot since the return of democracy in 1999
Senator Hope Uzodinma as Governor of Imo State

All eyes on Governor Uzodinma at NEC meeting

All eyes were on Imo state Governor Hope Uzodinma as Vice Pesident Yemi Osinbajo on Thursday at the Presidential Villa, Abuja, presided over the National Executive Council (NEC) meeting.

Bayelsa heads to Appeal Court, seeks return of Soku Oil Wells

The Bayelsa Government on Monday said it has appealed the judgment of the Federal High Court, Abuja, which ceded the disputed Soku oil wells between Rivers and Bayelsa to Rivers.
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.

Firms with less than N25 million turnover will no longer pay company tax

The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be exempted from Companies Income Tax.
Public Relations Officer, DSS National Headquarters, Abuja, Dr Peter Afunanya

DSS parades suspect behind Buhari’s fake wedding video

The Department of State Service (DSS) has arrested and paraded a 32-year old man, Kabiru Mohammed, suspected to be behind the fabrication and dissemination of a fake wedding video depicting President Muhammadu Buhari wedding the Minister of Finance, Zainab Ahmed and her Humanitarian Affairs and Social Development counterpart, Sadiya Farouq.

HURIWA: Suspension of NBET boss illegal

The Human Rights Writers Association of Nigeria (HURIWA) has declared the Minister of Power, Saleh Mamman, does not have power under the laws to suspend the Managing Director of the Nigeria Bulk Electricity Trading (Plc), Dr. Marilyn Amobi.

Auditor-General: How MDAs spent N26.6 billion without vouchers

The Auditor-General of the Federation, Mr. Anthony Ayine, has reported that some federal government Ministries, Departments and Agencies (MDAs) spent N26.606 billion in 2017 without payment vouchers or requisite approvals for such expenditures.
Dr Ngozi Okonjo-Iweala, a former Minister of Finance and Chairman, Global Alliance for Vaccines and Immunisation (GAVI), has urged the Federal Government to improve on immunisation coverage.

Former minister urges Nigeria to improve on immunisation coverage

Dr Ngozi Okonjo-Iweala, a former Minister of Finance and Chairman, Global Alliance for Vaccines and Immunisation (GAVI), has urged the Federal Government to improve on immunisation coverage.
Deeply worried by the spread of arms among bandits in Zamfara State, Governor Bello Mohammed Matawalle said he was taking the option of instructing the security to invite former governor Abdulaziz Yari to explain the whereabouts of about 1000 AK47, he, the former governor allegedly purchased with the state’s funds in 2013.

Zamfara governor constitutes committee on minimum wage

Gov. Bello Matawalle of Zamfara has approved the constitution of a 9-man Negotiation Committee on the N30,000 Minimum Wage.

NIPOST staff protest ceding of stamp duty collection to FIRS

It was gathered that the current amendment of the Stamp Duty Act by the National Assembly according to the workers Union is being done to allow the FIRS to be the agency collecting stamp duty on electronic transactions.
Nigeria’s Vice president Yemi Osinbajo has debunked rumours stating he has resigned his position as the nation’s vice president.

VP Osinbajo presides over last NEC meeting in 2019

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

Tunde Fowler speaks on FIRS handover controversy

The immediate past Chairman of the Federal Inland Revenue Service (FIRS), Tunde Fowler, said he did nothing wrong in handing over the management of the tax revenue agency to the Coordinating Director, Domestic Taxes Group, Abiodun Aina.

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The governor of Kano State, Abdullahi Ganduje, has announced the easing of lockdown in the state despite rising numbers of the coronavirus.

Kano clarifies on ongoing work at Sani Abatcha isolation centre

Kano State Government on Tuesday said the delay in the early completion of the Sani Abacha Stadium (SAS) Isolation Centre was necessitated by the review of the project initial plan.
United Nations UN

UN encourages Africa to invest on digital transformation

The UN Economic Commission for Africa (UNECA) has encouraged African countries to make right investments toward developing a digitally transformed economy.

Nnamdi Kanu: No sit-at home for Biafrans from 27th to 30th of May

The leader of the Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu, Tuesday advised Biafrans to dedicate three days to pray for her fallen heroes.
The US embassy's charge d'affaires, Inmi Patterson, met with Wilbert Ibuge, permanent secretary at the foreign ministry, who reminded Patterson about the two countries' historical cooperation, the foreign ministry said.

Tanzania summons US official over coronavirus warning

The US embassy's charge d'affaires, Inmi Patterson, met with Wilbert Ibuge, permanent secretary at the foreign ministry, who reminded Patterson about the two countries' "historical cooperation", the foreign ministry said.
Nigerian striker Odion Ighalo has declared he doesn’t care what anyone says, willing he has the belief of his team-mates, manager and fans after scoring a brace in Manchester United’s 3-0 win over Derby County in the FA Cup fifth round.

Manchester United manager gives update on Odion Ighalo’s future

Manchester United coach Ole Gunnar Solskjaer has said no agreement has been reached between United and Shanghai Shenhua over Odion Ighalo’s loan extension.