Nigeria may go into recession if COVID-19 continues beyond 6 months – Minister warnsÂ
Minister of Finance, Mrs Zainab Ahmed The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has warned that Nigeria may go into a recession if the coronavirus…
FG proposes review of oil benchmark to $30pb
Minister of Finance, Mrs Zainab Ahmed The Federal Government is proposing a review of the oil benchmark for the 2020 budget from an initial $57 to $30 per barrel…
FG releases N285bn for capital projects
Minister of Finance, Hajiya Zainab Ahmed The Federal Government has so far released N285 billion to some agencies for capital projects captured in the 2020 budget and another 220…
Amidst coronavirus scare Nigeria’s crude oil production climbs to 2.1 mbpd
The Minister of Finance, Budget and National Planning, Zainab Ahmed The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the nation’s oil production has increased to between two…
Annual budget to henceforth be accompanied by Finance Bills, as VAT implementation takes effect Feb. 1 – Minister
Zainab Ahmed, Minister of Finance, Budget and National Planning Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning says the implementation of Value Added Tax (VAT) increase…
DSS arrests man for creating video depicting marriage between Buhari, Ministers
Department of State Services parades 32-year-old Kabiru Mohammed from Kano who allegedly created a fake video depicting the marriage of President Buhari to the Ministers of Finance and that of…
FG pegs oil production at 2.18mbpd in 2020 Budget, says actual production, exports below budget projections since 2013
Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning said the Federal Government has pegged oil production at 2.18 Million Barrels Per Day (MBPD) in the 2020 budget….
Buhari lauds NASS for restoring the budget cycle to a predictable Jan. to Dec fiscal year
Vice President Yemi Osinbajo, Senate President Ahmed Lawan, Speaker Femi Gbajabiamila, and others applauding the President after signing the budget President Muhammadu Buhari has praised the National Assembly for ensuring…
FG commends Dangote’s $30bn domestic revenue generation expansion driveÂ
Alhaji Aliko Dangote, President Dangote Group The Federal Government on Sunday commended the Dangote Group for its proposed plan to expand its domestic revenue generation drive from four billion…
FG says proposed $22.7 loan request meant for infrastructure
Minister of Works and Housing, Mr Babatunde Fashola The Federal Government has said that the proposed amount of the 22.7 billion dollars requested by President Muhammadu Buhari in the…