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Zainab Ahmed

L-R: Deputy Governor of Jigawa State, Alhaji Umar Nnamadi and representative of Lagos State Governor, Deputy Governor, Dr. Obafemi Hamzat; Permanent Secretary, Federal Ministry of Finance, Dr. Mahmoud Isa-Dutse and Lagos Commissioner for Finance, Dr. Rabiu Olowo during the Federal Account Allocation Committee (FAAC) retreat, at the Eko Hotel and Suites, Victoria Island, on Monday, February 17, 2020.

Lagos calls for new revenue sources, sharing formula

Lagos State Governor Babajide Sanwo-Olu has called for the creation and boosting of new sources of export in Nigeria’s bid to meet the yearning and aspiration of Nigerians just as he demanded a fair and just revenue sharing formula.
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

FOI: SERAP seeks details of Sani Abacha loot

The Socio-Economic Rights and Accountability Project (SERAP) has asked the federal government to “disclose within 7 days of the receipt and/or publication of our Freedom of Information requests 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.”
Zainab Ahmed

Nigeria approves N7 billion to support creative industry

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the Federal Government through Bank of Industry (BoI) has approved facility of about seven billion naira under its creative industry group.
Zainab Ahmed

IPPIS: Federal government halts salaries of unregistered tertiary institutions’ staff

Workers of various tertiary institutions who have not been captured on the Integrated Personnel and Payroll Information System (IPPIS) are in for a tough time as the federal government has suspended the payment of their salaries and emoluments with effect from January.
President Muhammadu Buhari on Monday signed into law the Finance Bill 2019 (now Finance Act), which among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy.

New finance law will have ‘significant’ impact on businesses in Nigeria

President Muhammadu Buhari on Monday signed into law the Finance Bill 2019 (now Finance Act), which among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy.
Zainab Ahmed

Minister hails Buhari for signing Finance Bill

Minister of Finance, Budget and National Planning, Mrs. Zainab Shamsuna Ahmed, on Tuesday commended President Muhammadu Buhari for signing the Finance Bill into law.
Zainab Ahmed

Minister: IPPIS will accommodate university peculiarities

The Federal Government, on Thursday, urged university lecturers who are yet to enrol in the Integrated Payment and Personnel Information System (IPPIS) to do so, assuring that the peculiarities of tertiary institutions will be accommodated.
President Muhammadu Buhari Thursday in Abuja said Federal Government will give more attention to improving personnel and infrastructure of universities to produce quality graduates.

President Buhari: We’ll position universities to produce quality graduates

President Muhammadu Buhari Thursday in Abuja said Federal Government will give more attention to improving personnel and infrastructure of universities to produce quality graduates, assuring that education will, henceforth, be a top priority in development goals of the country.
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.
Zainab Ahmed

Minister: We’ll pull 100 million Nigerians out of poverty in 2020

In what may be termed the first soothing news of 2020, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday reiterated Federal Government’s plan to lift 100 million Nigerians out of poverty this year, in line with a pledge earlier made by President Muhammadu Buhari in 2019.
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.
Zainab Ahmed

Minister: Nigeria studying situation on adoption of Eco as ECOWAS currency

The Federal Government says it is studying the situation on change of West African Economic and Monetary Union (UEMOA) currency, Eco, to be used as ECOWAS single currency.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

Court asked to stop federal government from spending N37 billion to renovate National Assembly...

The Socio-Economic Rights and Accountability Project (SERAP), BudgIT, Enough is Enough (EiE) and 583 concerned Nigerians have filed a lawsuit asking the Federal High Court, Abuja to “restrain and stop President Muhammadu Buhari and Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning from releasing N37 billion allocated for the renovation of the National Assembly complex to the Federal Capital Development Agency and the National Assembly until an impact assessment of the spending is carried out.”

Automated import duty exemption certification commences first quarter 2020

The automation of the import duty exemption certification (IDEC) process will commence in the first quarter of next year, Minister of Finance, Budget and National Planning, Zainab Ahmed, announced on Friday in Abuja.
The CFA franc is facing growing opposition in parts of West and central Africa. Critics say the common currency has hampered the region's economic growth while France profits.

West African countries rename common currency, sever its links to France

Eight West African countries Saturday agreed to change the name of their common currency to Eco and severed the CFA franc’s links to former colonial ruler France.

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.
Babajide Olusola Sanwo-Olu

Lagos governor thumbs up improved security situation

Lagos State Governor Babajide Sanwo-Olu has said that the security situation in the country has improved tremendously just as he argued that there has been a significant reduction in the proliferation of small arms in the country.

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Nobel Prize nominee dies at 93

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