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Ministry of Finance
The Senate on Tuesday said it would pass the 2019 budget on April 16, and adjourned sitting for one week to give room for its committee to present reports on the budget.
President Muhammadu Buhari on Tuesday declined assent to a bill seeking to fund the completion of Ajaokuta Steel Company which was forwarded to him by the National Assembly in February 2019.
Some civil servants in Kaduna State have hailed the approval of N30,000 minimum wage for workers in the country, but cautioned against raising the costs of goods and services due to the salary increase.
Ebonyi State Governor, David Umahi, has opposed the proposed plan by federal government to lift Value Added Tax (VAT) from five percent to 35 percent, stressing that it would put the country in difficult situations.
Budget and National Planning Minister, Senator Udoma Udo Udoma, on Thursday told the Senate Committee on Finance that some slight adjustments had been effected on the 2019 Medium Term Fiscal Framework and Fiscal Strategy Paper (MTEF/FSP) between when it was approved by the Federal Executive Council and the finalization of the 2019 Budget Proposals.
The Federal Government is committed to ensuring a stable financial system in the country, Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation, (NDIC), Umaru Ibrahim, has said.
Osun State Governor, Mr Gboyega Oyetola, has expressed the readiness of his administration to continue to support the growth of medium and small scale businesses to boost the economy of the state.
The Institute of Chartered Accountants of Nigeria (ICAN) on Tuesday commended the laudable achievements of the Federal Government under the Federal Ministry of Finance in the last three and half years, saying it has blocked leakages and set the tone for improved revenue generation to finance government’s economic development agenda.
The Federation Accounts Allocation Committee (FAAC) has shared a total of N610.368 billion to the three tiers of government.
Some pensioners and ex-workers of the defunct Nigeria Airways have given accounts of the trauma, untold hardship they went through for more than 14 years they were retrenched without payment of their pensions and benefits.
Nigeria has deployed a new portal called the price checker to harmonise prices and ensure transparency in the procurement process.
The Minister of Information, Lai Muhammed, yesterday disclosed that the federal government was not panicking despite the drastic fall in oil prices since the second half of 2014.
Sen. Stella Oduah says the Bill for the establishment of the South East Development Commission (SEDC) when assented to, will address the infrastructural challenges in the South East.
The Federal Government on Wednesday introduced the Strategic Revenue Growth Initiative to generate more revenues to finance national development.
The Federal Government says it is working with the Indian Government to access 100 million dollars concessional loan to develop the country’s rural broadband connectivity.
The Federal Government on Monday inaugurated the reconstituted Board of the Securities and Exchange Commission (SEC), changing the new members to provide effective leadership in the capital market.
The All Progressives Congress (APC) in Oyo State has challenged the People’s Democratic Party (PDP) to either make public the identity of anyone in illegal possession of government property among the officials who served during the immediate past administration of Governor Abiola Ajimobi or stop spending available resources on cheap blackmail and shameful propaganda.
Super Eagles defender Ola Aina is delighted to provide the assist which led to the team’s 1-0 win in Saturday’s AFCON 2019 Group B match against the Swallows of Burundi.
Troops have neutralized scores of bandits/kidnappers in Sokoto and arrested ransom collectors and informants working for them, the Nigerian Army said on Monday.
The Economic and Financial Crimes Commission (EFCC) has charged Albert Bassey, a senator representing Akwa Ibom North-east, with corruption.
Crime Prevention Campaign of Nigeria (CPCN) has organised a one-day training workshop in Nnewi, Anambra, for vigilance members, human right activists and co-operative members in preparation to tackle resurgence of criminal activities in the state.
Super Eagles winger Samuel Chukwueze says he is not distracted by interest shown by some clubs for his services, insisting his focus is on doing well at the Nations cup in Egypt on one hand and playing well for his La Liga side Villarreal on the other.
Sir Elton John has received France's highest civilian award, the Legion d'Honneur.
A fleeing robbery suspect, Kamoru Adedayo, has been shot by an operative of Nigerian Prisons Service, Ogun Command, after he allegedly bolted from a Black Maria, parked in the premises of the Magistrate’s Court, Abeokuta, the state capital.
The International Police (INTERPOL) has assured the Special Presidential Investigation Panel for the Recovery of Public Property (SPIP) of cooperation in its effort to recover looted public assets.