Home Topics Ministry of Finance
Ministry of Finance
Finance Minister, Mrs. Zainab Ahmed, has revealed that the sum of N649 billion, the final tranche of the Paris Club Refund, is available to be shared by the 36 States of the federation.
The Nigerian Maritime Administration and Safety Agency, NIMASA, last week, disclosed that it was currently engaging the Central Bank of Nigeria, CBN, the Nigeria Customs Service, NCS, the Federal Ministry of Finance and its supervisory ministry, the Ministry of Transportation, in working out a special tariff template for the importation of vessels and its parts by indigenous shippers.
A group, Yoruba Youth Democratic Movement (YYDM), has condemned what it called blackmail by some people who are against the re-appointment of the governor of the Central Bank of Nigeria (CBN), Dr. Godwin Emefiele.
The House of Representatives said it discovered that over $900m was still “being held” by Federal Government’s ministries, departments and agencies (MDAs) outside Treasury Single Account (TSA).
Mr Alfred Okoh, Technical Adviser to the Director General, Ministry of Budget and National Planning, says there are plans to launch a budget implementation monitoring portal.
The Electricity Generation Companies (GenCos) at the weekend said the country loses $29.3billion yearly to low supply resulting from load shedding and inadequate facilities.
Governor Rochas Okorocha of Imo has set up governing councils for the three newly established tertiary institutions in the state.
The panel set up to investigate Mounir Gwarzo, suspended Director General of the Securities and Exchange Commission (SEC), has recommended his dismissal.
President Muhammadu Buhari has welcomed the acceptance of the United Nations Secretary-General, Antonio Guterres, to co-chair a Special Session to raise $50 billion to fund the inter-basin water transfer from Central Africa to revive the Lake Chad, the presidency said in a statement, Tuesday.
Financial experts at the ongoing Future Banking Tech West Africa Conference have called for an enabling environment and policies for fintech to thrive.
The federal government has said about 500,000 people without electricity in Nigeria would be able to have access to power in no distant time as it plans to spend about $200 million on providing electricity for about 105,000 households.
In the bid to restructure the Bank of Agriculture (BOA) for efficiency, the Federal Government has moved to divest 60 per cent of its stakes in the bank.
An indication that President Muhammadu Buhari may dissolve the Federal Executive Council (FEC) earlier than the May 29 terminal date of his first term in office emerged yesterday when he asked ministers and agency heads to turn in their handover notes by Wednesday.
Ahead of the May 29 inauguration President Muhammadu Buhari’s second term, the Accountant-General of the Federation, Idris Ahmed; the Comptroller-General of the Nigeria Customs Service, Hameed Ali; the Executive Chairman Federal Inland Revenue Service (FIRS), Tunde Fowler, and 11 other heads of agencies under the Ministry of Finance have been ordered to submit their hand over notes on or before April 23.
Nasir El-Rufai, governor of Kaduna State, has directed all political appointees in the state to submit their letters of resignation by April 30, 2019.
The Federal Government in 2018 spent a total of N79.2 billion on the payment of monthly pensions to pensioners.
The Senior Special Assistant to the President on Job Creation and Youth Empowerment, Mr. Afolabi Imoukhuede, has assured beneficiaries of the N-Power scheme that they would get their March stipend this week.
Vice President Yemi Osinbajo on Monday said the Federal Government has made the National Health Insurance Scheme central to its plans for the healthcare system in the country.
It was gathered that there was fire outbreak following a power surge around 3.00 an on Tuesday at the Department of Anatomy and Cell Biology at the Obafemi Awolowo University, Ile-Ife, where the corpses were kept.
Nigeria born England international Fikayo Tomori has confessed that playing for the Three Lions is no tea party, adding however that he is prepared to work very hard to earn a regular place in the team.
The Governor of Ekiti State, Kayode Fayemi, has tasked the Heads of Service in the six states of the Southwest to work hard and ensure the restoration of the lost glory of the civil service.
Mr John Mahama, Former President of Ghana on Tuesday appealed to the Nigeria Government to open up her border so that economic activities can resume in West Africa.
Governor Bello Mohammed of Zamfara State has described as sad and unfortunate the recent killings in Karaye village and other villages of Gummi Local Government Area of the state, which was as a result of the fracas between Fulani and a vigilante group despite the peace process initiated by his administration.
Here are photographs of Governor Yahaya Bello expecting the final verdict.
Gov. Simon Lalong of Plateau, through the proclamation of Executive Order I, has established a Programme Management and Results Delivery Office (PMRDO).
Eric Abidal has confirmed that Barcelona are interested in signing Inter forward Lautaro Martinez as a possible replacement for Luis Suarez.
Barcelona sporting director Eric Abidal has indicated that the club are dealing with Lionel Messi’s contract renewal as a matter of priority.
The two sides were originally scheduled to face off on October 26, but the La Liga showdown was postponed by the Spanish football federation due to security fears.