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Udoma Udo Udoma
Vice President Yemi Osinbajo says the problem of extreme poverty in Nigeria keeps him up at night.
The federal government says it is caught between a rock and hard place on how to raise additional N102.84 billion to bridge the funding gap created in the 2019 budget as a result of the increase of N90.3 billion by the National Assembly.
President Muhammadu Buhari, who on Monday signed the 2019 appropriation bill of N8.92 trillion into law, said adjustment of the budget by the National Assembly may affect its smooth implementation.
President Muhammadu Buhari on Monday in Abuja signed the 2019 Appropriation bill of N8.92 trillion into law.
Current ministers who excelled during President Muhammadu Buhari’s first term will be considered for automatic appointment into his cabinet during his second term in order to ensure continuity, according to a report.
The Federal Executive Council (FEC) on Thursday approved the total of sum of N977.7 million for the N-Creative and N-Tech trainings to empower 3,500 beneficiaries in Northern and Southern Nigeria respectively.
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.
The federal government has concluded plans to increase revenue by introducing new taxes, Minister of Finance, Zainab Ahmed, told lawmakers on Wednesday.
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.
Dr Samuel Nzekwe, former President, Association of National Accountants of Nigeria, has advised the Federal Government to intensify efforts in getting more people to pay Value Added Taxes.
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.
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 has made known its intention to upwardly review the Value Added Tax (VAT) as a means of funding the national minimum wage.
The son of the immediate past Minister of Health, Isaac Adewole, has reportedly been abducted in Oyo State.
More than six top Nigeria Professional Football League (NPFL) clubs are ready to battle themselves and MFM FC of Lagos management for the services of coach Fidelis Ilechukwu.
The Central Student Disciplinary Committee, CSDC, of the University of Ibadan, UI, has meted various punishments to 22 erring students of different departments.
Ondo State Deputy Governor Agboola Ajayi has debunked the rumours that he was scheming for the top position at the Niger Delta Development Commission (NDDC).
Alex Iwobi has revealed that working together as a team can prove to be the greatest asset for the Super Eagles going to the 2019 Africa Cup of Nations which begins on Friday in Egypt.
Flag Officer Commanding (FOC), Central Naval Command, Rear Admiral Suleiman Garba, has solicited the cooperation of traditional rulers and other relevant stakeholders to combat insecurity in the Niger Delta region.
Mr. Abubakar Ibrahim, the lawmaker representing Yamaltu West in Gombe House of Assembly, on Friday, emerged the Speaker of the state’s sixth Assembly.
A 23-year-old man, Emmanuel Olowu, has been remanded at the Ikoyi Prison, Lagos for allegedly gunning down a Police Sergeant.
The Yoruba Council of Elders (YCE) has advised the Inspector General of Police (IG), Mr. Mohammed Adamu, to combat the rampancy of brutality common among policemen in the country.
The Disciplinary Panel of the Legal Practitioners’ Privileges Committee on Thursday dismissed one of the two petitions against the immediate-past Attorney-General of the Federation and Minister of Justice, Abubakar Malami.