Finance Ministry Seeks Fresh $8.92m Loan From World Bank

Finance Ministry has requested $8.92m loan from the World Bank for stationery. EKO HOT BLOG reports that despite the alarming debt profile of Nigeria, the Home Finance Department of the Ministry of Finance, Budget and National Planning has requested about $8.93m from the World Bank to procure 21 items, which included office stationery, office furniture, … Read more

FG Finally Reveals When Fuel Subsidy Will Come To An End (Details)

Fuel subsidy

FG Has Revealed When Fuel Subsidy Will End   EKO HOT BLOG reports that the Federal Government on Thursday said it will end payments on petrol subsidy in June 2023.   The Minister of Finance, Budget and National Planning, Zainab Ahmed, said this on Thursday during an inquiry by the House of Representatives Committee over … Read more

2020 Budget: FG Releases N285bn For Capital Projects

2020 Budget

The Federal Government on Friday released N285 billion to fund some infrastructural projects under the 2020 budget. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said this on Friday to the State House correspondents. She said the releases were made under transportation, Niger Delta, Works, and Housing ministries. Ahmed made this known after … Read more

We Need To Adjust To Life Without Oil – Minister

Recession

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed on Wednesday announced that Nigerians need to adjust to life without oil following the breakdown in global oil price caused by the Coronavirus pandemic. Ahmed, while speaking at the Going for Growth conference, noted that the current economic challenge came unexpectedly. Mrs. Zainab Ahmed … Read more