News - Minister Of Finance

Federal Govt Presents Revised MTEF/FSP To Senate

2 days ago /
Nation 

The Federal Government has presented a revised 2018 to 2020 Medium Term Expenditure Framework and Fiscal Strategy Paper (FSP) to the Senate for consideration. The government specifically adjusted the Gross Domestic Product (GDP) growth rate from 4.5 percent to 3.5 percent. Minister of State for Budget and National Planning, Zainab Ahmed, made...

BREAKING: Senate Approves Buhari’s $5.5b Loan Request

1 week ago /
Nation 

The Senate has approved the $5.5 billion loan request presented by the President, Muhammadu Buhari. The approval comes after a consideration of the report of the committee on local and foreign debts, which was laid by Senator Shehu Sani on Tuesday. The President had requested the issuance of $2.5 billion to finance...

NAF Denies Open Letter To Finance Minister

1 week ago /
Nation 

The Nigerian Air Force (NAF) has disassociated itself, from the content of a letter in a recent publication titled “Boko Haram open letter to finance minister” which was reportedly written by one “wing commander AA Abubakar” of Minna, Niger State, said to be a retied NAF officer. NAF in a statement...

Nigeria Not An Oil Economy, Says Adeosun

2 weeks ago /
Business and Economy  

The Minister of Finance, Mrs Kemi Adeosun, has set the records straight regarding Nigeria’s status as an oil producing economy. Mrs Adeosun, in an article titled: ‘All Change, Nigeria Is Not An Oil Economy”, said the country does not fit into such description and it would be wrong to categorise it...

Federal Executive Council Approves 2018 Draft Budget

4 weeks ago /
Nation 

Minister of Budget and National Planning, Udoma Udo Udoma who briefed state house correspondents after the weekly federal executive council meeting on Thursday said the draft document is now ready for transmission to the national assembly. Udoma who was not forthcoming with information on the projections of the 2018 budget noted...

Buhari Visits Niamey On Tuesday

1 month ago /
Nation 

President Muhammadu Buhari will Tuesday depart for Niamey, republic of Niger, to participate in a meeting on common currency for the west African sub-region.   member countries of the ECOWAS task force on common currency are ‎Nigeria, cote d'ivoire, Ghana and Niger.   The minister of finance, Kemi Adeosun and the central bank of Nigeria governor,...

$5.5 Billion Loan: Buhari Seeks National Assembly Approval

1 month ago /
Nation 

President Muhammadu Buhari on Tuesday sought national assembly approval for an external loan of $5.5 billion to finance the 2017 budget. Buhari's request is contained in a letter read on the floor of the senate by senate president Bukola Saraki. While $3 billion would be sourced through euro bond, the remaining $2.5...

FG Releases N100bn Sukuk Bond Proceeds For 25 Road Projects

1 month ago /
Nation 

The Federal Government has released the proceeds of the N100 billion Sukuk bond for the construction and rehabilitation of 25 major road projects in the six geopolitical zones of the country. The Minister of Finance, Mrs Kemi Adeosun, handed over the cheque for the N100 billion to the Minister of Power,...

We Hope 2018 Budget Will Be Passed In December – Osinbajo

1 month ago /
Nation 

The Federal Government says it hopes the 2018 Appropriation Bill will be passed into law by the National Assembly in December. This is coming from the Vice President, Professor Yemi Osinbajo, while speaking at a dialogue session with members of civil society organisations on Thursday in Abuja, Nigeria’s capital. Professor Osinbajo also...

FG To Roll Over 2017 Capital Projects

1 month ago /
Nation 

The Nigerian government has plans to roll over 60% of capital projects in the 2017 budget to the 2018 budget. Minister of finance, Kemi Adeosun and the minister of budget and national Planning Udoma Udo Udoma said this at the senate on Tuesday. Nigeria’s minister of Finance Kemi Adeosun and her counterpart...

FG Constitutes Committee On Export Promotion

1 month ago /
Business and Economy   Nation 

The federal government has constituted a national committee on export promotion. The committee is expected to support the economic diversification of the country as well as work with various institutions and states that could take ownership of export process. This was one of the decisions reached at the national economic council on...

2017 Budget: Senate Summons Adeosun, Udoma

1 month ago /
Nation 

The Nigerian Senate has summoned the Minister of Finance, Kemi Adeosun, and her counterpart in the Ministry of Budget and Planning, Udo Udoma. The ministers were summoned to brief the lawmakers on the cause of the inadequate releases and steps being taken to expedite release of funds for the capital component...

Senate Says Nigeria’s Unity Is Not Negotiable

1 month ago /
Nation 

The Nigerian senate resumed from seven weeks recess on Tuesday and resolved that the country’s unity is not negotiable. The upper legislative chamber also resolved to do whatever it takes to ensure peace in the country, even as it summoned Nigeria’s economic managers over the economy and budget implementation. Senate resumed plenary...

Buhari Orders Inquiry Into Revenue Remittances By NIMASA, JAMB

2 months ago /
Nation 

President Muhammadu Buhari has ordered investigations into alleged shortfall in revenue remittances by the Nigerian maritime administration and safety agency NIMASA and the joint admissions and matriculation board, jamb. Minister of finance Kemi Adeosun who disclosed this while briefing newsmen shortly after the federal executive council meeting held at the presidential...

Adeosun Tasks States On Fiscal Discipline

2 months ago /
Business and Economy  

Nigeria’s Minister Of Finance Kemi Adeosun says for Nigeria to return to the path of sustainable growth, states and local governments must adopt fiscal discipline and innovative strategies to improve their internal revenue generation. Adeosun said this at the opening of a two day workshop on alternative sources of revenue generation...

President Buhari Delighted With Improving State Of Nigerian Economy

2 months ago /
Nation 

President Muhammadu Buhari says he is delighted at the improving state of the Nigerian economy. The president who received briefing from the minister of budget and national planning, senator Udoma Udo Udoma, the Minister Of Finance, Kemi Adeosun, and governor of the central bank of Nigeria (CBN), Godwin Emefiele, said that he...

Adeosun Emerges Chairperson Of ECOWAS Investment Bank

3 months ago /
Nation 

Nigeria’s Minister of Finance, Mrs Kemi Adeosun, has emerged the Chairperson of the Board of Governors of the Economic Community of West African States (ECOWAS) Bank for Investment and Development (EBID). Mrs Adeosun was named the new chairperson of EBID on Tuesday at the end of the 15th Ordinary Meeting of...

FG Pledges More Support For ECOWAS Investment Bank

3 months ago /
Nation 

The Federal Government has pledged more support for the ECOWAS Bank for Investment and Development (EBID). The government also commended the bank for its role as a sub-regional centre for commercial activity and project funding support. The Vice President, Professor Yemi Osinbajo noted that Nigeria’s leadership of the continent was not just about the...

Vice President Osinbajo Challenges ECOWAS Bank

3 months ago /
Nation 

Vice President Yemi Osinbajo has challenged the ECOWAS bank for development and investment to invest more in the lives of young people in the region. Professor Osinbajo said this at the 15th annual general meeting of the board of governors of the bank in Abuja, on Tuesday. Since its reorganization in 2006...

FEC Approves ICT Backbone

3 months ago /
Nation 

The Federal Executive Council has approved a national ICT infrastructure backbone.  The project will cost 328 million dollars and will ensure the interconnectivity of all ministries, departments and agencies of government.  The council also approved the refinancing of treasury bills from naira to dollars.   Minister of finance, Kemi Adeosun says it is...


‹ Prev 1 2 3 4 5 ... 8 Next ›