Buhari sets agenda to lift 100m Nigerians out of poverty
President Muhammadu Buhari Wednesday in Abuja inaugurated the National Steering Committee to oversee the development of the Nigeria Agenda 2050 and Medium-Term National Development Plan (MTNDP) to succeed Vision 20:2020…
NCS automation: Nigeria to generate $176bn of revenue from projectÂ
The Federal Government says the Nigeria Customs Service automation project has the potential to yield up to $176 billion of revenue. This was disclosed by Nigeria’s Minister of Finance, Zainab…
NCS automation: FG approves Huawei technologies, 4 other Consortia
The Federal Executive Council (FEC) has approved Huawei technologies and four other members as consortia for the end to end automation of the Nigeria Customs Service (NCS). Nigeria’s Minister of…
SERAP sues Buhari over ‘failure to publish details of over N800bn recovered loot’
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over failure to publish details of the N800bn recovered loot. In a statement issued on…
Our plans for N2.3trn Covid-19 stimulus package – Minister
The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N2.3 trillion stimulus package to support the Nigerian economy in the face of the disruptions and…
Finance minister says Nigeria’s economy could shrink -8.94% in worst case scenario
Nigeria’s economy could shrink as much as -8.94% in 2020 in a worst-case scenario without stimulus, Finance Minister Zainab Ahmed said on Thursday, a deeper recession than forecast after oil…
COVID-19: States to get $1.5bn stimulus from World Bank — NEC
The World Bank has a proposal of 1.5 billion dollars to states as part economic stimulus to cushion the impact of the COVID-19 pandemic, says Minister of Finance, Zainab Ahmed….
FG approves crude oil price at $25 per barrel, crude oil production 1.94 mbpd
Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed The Federal Executive Council (FEC), presided over by President Muhammadu Buhari, on Wednesday in Abuja approved the reduction of oil…
Nigeria’s oil bid stalled, upstream projects delayed due to price crash – NNPC
GMD NNPC, Mele Kyari Nigeria will not hold bidding rounds for major oilfields until crude prices recover, and some upstream projects will be completed much later than originally planned,…
2020 Budget: Senate approves Buhari’s request to secure fresh N850bn loan
President Muhammadu Buhari President Muhammadu Buhari has asked the Senate to approve his request to secure a fresh loan of N850 billion to fund some projects in the 2020…