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Zainab Ahmed

8. President Muhammadu Buhari presides over the weekly virtual Federal Executive Council (FEC) Meeting, at the Council Chambers, State House, Abuja.

Aviation, education ministries, others make presentations at FEC meeting

President Muhammadu Buhari is currently presiding over the seventh virtual meeting of the Federal Executive Council (FEC) at the Council Chamber of the Presidential Villa, Abuja.
President Muhammadu Buhari is currently presiding over the Emergency National Executive Council, NEC, meeting of the All Progressives Congress, APC, at the Council Chamber, Presidential Villa, Abuja.

President Buhari presides over sixth virtual FEC meeting

The ministers at the Council Chambers include Lai Mohammed (Information and Culture), Zainab Ahmed (Finance, Budget and National Planning), Babatunde Fashola (Works and Housing), Hadi Sirika (Aviation), Abubakar Malami (Justice), Godswill Akpabio (Niger Delta), Rotimi Amaechi (Transportation), Geoffrey Onyema (Foreign Affairs), George Akume (Special Duties), Adamu Adamu (Education) and Ambassador Zubairu Dada (Minister of State for Foreign Affairs).
President Muhammadu Buhari is currently presiding over the Emergency National Executive Council, NEC, meeting of the All Progressives Congress, APC, at the Council Chamber, Presidential Villa, Abuja.

SERAP gives President Buhari 14 days to probe over N300 billion missing public funds

Socio-Economic Rights and Accountability Project (SERAP) has given President Muhammadu Buhari 14 days to “direct the Attorney General of the Federation and Minister of Justice Mr Abubakar Malami, SAN, and appropriate anti-corruption agencies to urgently investigate allegations that over N300bn of public funds are missing, mismanaged, diverted or stolen, as documented in the 2017 audited report by the Auditor General of the Federation (AGF).”
Zainab Ahmed

Nigeria approves N2.3 trillion coronavirus stimulus plan

“We also have N1.2 trillion of these funds to be sourced as structured low-cost loans which are intervention from the Central Bank of Nigeria as well as other development partners and institutions,” she said.
President Muhammadu Buhari

President Buhari attends ECOWAS virtual summit

President Muhammadu Buhari is attending a virtual Extra-Ordinary Summit of the Authority of the Heads of State and Government of the Member States of the West African Monetary Zone. Bashir Ahmad, Personal Assistant on New...
The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN,

SERAP seeks details of N800 billion recovered loot, alleged payments into individual accounts

Socio-Economic Rights and Accountability Project, (SERAP) has sent a Freedom of Information Act (FoI) request to President Muhammadu Buhari asking him “to direct Mr Abubakar Malami, SAN, Attorney General of the Federation and Minister of Justice and Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning to publish a comprehensive list of names of people from whom N800 billion in looted funds have been recovered, the details of spending of the money and the dates of the recovery.”
The requests contained in three separate letters read at the beginning of plenary on Tuesday by the Senate President, Ahmad Lawan. 3

Senate, NNPC clash over crude oil production cost

The Senate Committee on Finance on Monday rejected the revenue targets projected for the various revenue-generating agencies in the country to fund the Revised 2020 Budget, describing their proposed sums as grossly inadequate.
Nigerian President Muhammadu Buhari3

$5.513 billion loan: SERAP writes President Buhari, seeks spending details, audit of loans

Socio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information request to President Muhammadu Buhari requesting him to use his “leadership position and the opportunity of the 5th anniversary of your government in office to provide spending details of all loans obtained by the government since May 29, 2015, including details and locations of projects on which the loans have been spent.”

AfDB: ‘No decision’ yet on demands for probe of Akinwumi Adesina

The African Development Bank (AfDB) on Thursday said “no decision” had been taken regarding a US push for an outside probe into its president, Akinwumi Adesina, accused by whistleblowers of ethics breaches.
President Muhammadu Buhari

President Buhari participates in virtual UN world forum on development financing

President Muhammadu Buhari is currently participating in a virtual United Nations (UN) world forum on Financing for Development in the Era of COVID-19 and Beyond.
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.

Nigeria’s economy grow by nearly 2 percent in Q1 despite lockdown

Nigeria’s Gross Domestic Product (GDP) grew by 1.87% on a year-on-year basis in the first quarter of 2020 despite many economic contractions around the world, a new by National Bureau of Statistics report has shown.
President Muhammadu Buhari

Nigeria’s president urges farmers to increase food production

President Muhammadu Buhari has advised Nigerian farmers to increase their food production as Nigeria has ‘no money’ for food importation.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund.

Minister: Nigeria is heading towards recession

Nigeria’s Finance Minister, Zainab Ahmed, has revealed that the coronavirus pandemic and falling oil prices are set to force the county’s economy into recession.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund.

Excess crude account hits $72.04 million as finance minister briefs economic council

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has presented to the National Economic Council (NEC) the state of Nigeria’s three Special Accounts just as the Excess Crude Account balance as of May 21, 2020 stands at US$72.04 million.
A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

Minister: Nigerian states to get $1.5 billion from World Bank

The World Bank has got a proposal of 1.5 billion dollars to states as part of economic stimulus to cushion the impact of the COVID-19 pandemic, says Minister of Finance, Zainab Ahmed.
national assembly abuja

National Assembly committees begin consideration of revised 2020 budget

Some committees in the Senate and House of Representatives will on Thursday begin consideration of the revised 2020 budget proposal transmitted to the National Assembly by the Executive, it was learnt on Wednesday.
President Muhammadu Buhari

President Buhari holds virtual meeting with governors

President Muhammadu Buhari has charged state governors cooperate with the Presidential Task Force PTF on the Novel Coronavirus (COVID-19) Pandemic.
Zainab Ahmed

Minister: N5.548 trillion now available to fund 2020 budget

The Minister of Finance, Zainab Ahmed, has disclosed that the amount available for funding the 2020 Budget is now estimated at N5.548 trillion.

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UAE paid for tickets, test fees for Nigerian evacuees – NIDCOM chief

The United Arab Emirates authorities paid for the flight tickets and coronavirus testing for some Nigerians evacuated from the country on Wednesday, the head of the Nigeria in Diaspora Commission, Abike Dabiri-Erewa, has said .

PDP demands Ibrahim Magu’s prosecution for ‘fraud’

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Veteran Nigerian actor, Zack Orji, says he is saddened by the increasing rate of divorce in the country.

Zack Orji: No marriage is perfect

He said: “I believe that a lot of people go into marriage without being prepared to make the necessary sacrifice, so at the slightest provocation, they are ready to opt out and that is not the way it’s supposed to be. It’s supposed to be a union for life. For better for worse.”

Court declines to stop probe of Senator Okorocha by EFCC, Imo government

The Abuja Division of the Federal High Court, on Wednesday, declined a request by former governor of Imo State, Rochas Okorocha, for an interim injunction to stop the Economic and Financial Crimes Commission, EFCC, and panel of inquiry that was set up by the state government, from further investigating alleged financial infractions he committed while in office.

Nigerian government postpones 2020 WASSCE indefinitely

This was announced by the Minister of Education, Adamu Adamu, while speaking to State House Correspondents the weekly Federal Executive Council presided over by President Muhammadu Buhari on Wednesday.