Aisha Buhari, First Lady of the Federal Republic of Nigeria on Wednesday is spotted at the plenary sessions in both the Senate House of Assembly and the House of Representatives. EKO HOT BLOG reports that the First Lady is at the plenary to throw her weight behind an item for amendment in the 1999 constitution … Read more
– FEC has approved release of funds for phase one of Siemens AG power deal – The Minister of Finance, Budget and National Planning made this know in Abuja at the end of the 10th Virtual FEC meeting – She explained that the money is for the counterpart funding for the bilateral credit facility from … Read more
Nigeria’s economy is heading on a steep downward slide into recession says Minister of Finance. Minister of Finance Zainab Ahmed told Senators that the deficit financing of the revised N10 .59 trillion 2020 budget had risen from N1.847 trillion to N4.563trillion . This indicators emerged during a defence session held by the Senate Committee on … Read more
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
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