FEC approves N970.2m for provision of barracks for NCS
The Federal Executive Council(FEC) has approved N970.2 million for the provision of residential accommodation for the Nigeria Customs Service(NCS). Minister of Finance, Mrs Zainab Ahmed, disclosed this while briefing State…
Rising Debt: We Are No Where Near A Debt Crisis, Says FG
Minister of Finance, Zainab Ahmed The Minister of Finance, Mrs Zainab Ahmed says while government borrows to deliver on its promises, it was also mindful of rising debt burden, which…
Fuel Subsidy: FG To Implement Gradual, Successful, Sustainable Removal – Finance Minister
The Minister of Finance, Zainab Ahmed says the Federal Government will look into gradual removal of fuel subsidy as part of strategy to boost revenue. Ahmed said this on Thursday…
We Are Ready For Partnership To Support Our Ambition For Large-scale Infrastructure Development, Economic Diversification – Finance Minister
Minister of Finance Zainab Ahmed The Minister of Finance Zainab Ahmed, says the Federal Government is committed to partnership with the African Development Bank, AfDB, and other critical stakeholders that…
MTEF: FG Projects 2.3m bpd Oil Production At $60pb Oil Benchmark
The Federal Government says its key assumptions and micro-framework of the 2019 budget will be based on a projection of 2.3mbpd oil production, oil price benchmark of 60 dollars per…
FG Looks to Better Ways of Financing 2019 Budget
Minister of Finance, Zainab Ahmed The Minister of Finance, Zainab Ahmed says the 2018 has performed well regardless of challenges in revenue generation. According to Ahmed who was speaking at…
FG, AfDB Partner to Establish $500m Innovation Fund for ICT Growth- Osinbajo
The Vice President, Prof. Yemi Osinbajo, says the Federal Government is working with the African Development Bank (AfDB) to establish a 500-million-dollar innovation fund for technological growth, aimed at…
FG Tasks State Govts to Reduce Unnecessary Overhead Costs
Minister of Finance, Mrs Zainab Ahmed The Federal Government has called on state governments to reduce unnecessary overhead costs, increase Internally Generated Revenue and embrace fiscal discipline…
FG assures ECOWAS of fiscal policies to protect emerging industries, encourage investments
Minister of Finance, Mrs Zainab Ahmed The Minister of Finance, Mrs Zainab Ahmed, says the Federal Government will continue to deploy fiscal policies that will protect its…
Stable exchange rate best choice for Nigeria – Emefiele
Godwin Emefiele, CBN Gov. The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, says maintaining stable exchange rate to avoid depreciation of the Naira is better than…