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President Muhammadu Buhari on Monday in Abuja signed the 2019 Appropriation bill of N8.92 trillion into law.
Nigeria’s Finance Minister Zainab Ahmed has reiterated government’s resolve not to remove fuel subsidy. She made the emphasis against the backdrop of long queues emerging at some filling stations amid the fear that a removal was imminent.
President Muhammadu Buhari has directed the Ministry of Finance to sell all recovered and liability-free assets in six months.
A notice by Minister of Budget and National Planning, Senator Udoma Udo Udoma and Executive Chairman of Federal Inland Revenue Service (FIRS) Mr. Babatunde Fowler of government’s intention to raise the rate of value added tax (VAT) before the end of 2019 is presently causing ripples among various categories of Nigerians.
Udoma Udo Udoma, the minister of budget and national planning, says the federal government will sell some of its stakes in joint ventures with Shell and Chevron to improve its finances.
President of United Labour Congress (ULC), Mr. Joe Ajaero, has said any increase in Value Added Tax (VAT) to pay the N30,000 new minimum wage would not be accepted except it is discussed with stakeholders in the Labour market.
The Federal Government would send request to the National Assembly for adjustments to the 2019 budget to reflect ways of sourcing funds to pay the new national minimum wage which was approved by the Senate.
The Minister of Budget and National Planning, Senator Udoma Udo Udoma is optimistic that the Nigerian economy will continue to maintain its recovery in 2019 as the real GDP growth is expected to increase from 0.8% in 2017 to 2.1% in 2018 and 3.01% in 2019, with the sustained implementation of the ERGP.
The federal government on Tuesday gave further impetus to childhood immunisation with the signing of a $75 million financing agreement between it and the Bill & Melinda Gates Foundation.
The Federal Government has said it is fighting poverty step-by-step and ameliorating the plight of the poor and vulnerable people across the country.
Minister of Budget and National Planning, Senator Udoma Udo Udoma, has allayed the fears of Nigerians over the softening of the international oil prices, saying that the government willclosely monitor the events with a view to achieving targeted oil production.
Federal government signs $21 million deal with Japan for rehabilitation of Lagos transmission substation
The federal government has signed a grant aid project with Japan for emergency rehabilitation and reinforcement of the Lagos electricity transmission substation.
Minister of Budget and National Planning, Senator Udoma Udo Udoma, has opened up, for the first time, on the fierce battle the then agitators of resource control for the Niger Delta, fought with the then president Olusegun Obasanjo.
President Muhammadu Buhari has forwarded the 2019 to 2021 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the National Assembly for approval.
The federal government has expressed its determination to promote and increase indigenous participation in the shipping business in Nigeria.
Huge cost of servicing new loans amid poor revenue informed the Federal Government’s decision to dispose of 10 state-owned assets to select investors and the public between now and year end, in order to fund the 2018 fiscal plan.
A financial expert, Prof. Uche Uwaleke, on Thursday said that the Federal Government’s decision to reduce the size of the 2019 budget to N8.73 trillion would reduce inflation threat.
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Barcelona coach Ernesto Valverde described Ansu Fati as "something special" after the teenager starred in a 5-2 win over Valencia on Saturday.
President Cyril Ramaphosa of South Africa has dispatched three special envoys to seven African countries to deliver messages of pan-African unity and solidarity following xenophobic attacks in South Africa, the Presidency said on Sunday.
Iran on Sunday denied accusations by U.S. Secretary of State, Mike Pompeo, that it was responsible for a drone attack on major oil facilities in Saudi Arabia.
The Buhari Media Organisation (BMO) has rejected the appointment of Seun Onigbinde, an arch critic of President Muhammadu Buhari, as Technical Adviser to the Minister of Budget and National Planning.
The All Progressives Congress (APC) in Benue state has raised the alarm that the National/State Assemblies election petitions tribunal is frustrating her members in respect of whose petitions judgment have been delivered by the honourable tribunal from proceeding on appeal against the judgements.
Nine persons were on Wednesday rescued in an accident on the Ideani/Nnobi road in Idemili South Local Government of Anambra State.
A staff of University of Lagos (UNILAG), Sunday Meshioye, has committed suicide after facing a disciplinary panel set up to investigate him.
Mexican Foreign Secretary Marcelo Ebrard said Thursday that Mexico's government doesn't agree with an "astonishing" US Supreme Court order that would block migrants from countries other than Mexico and Canada from applying for asylum at US borders.
Kinsmen of Bayelsa Commissioner for Information, Daniel Iworiso-Markson, have warned some politicians in the Peoples Democratic Party (PDP) to count their brother out of their political desperation in the choice of the party’s running mate.
Senator Kola Balogun of the ruling People’s Democratic Party has been declared the due winner of the Oyo North Senatorial District in the February 23rd Presidential and National Assembly elections.