Nigeria’s Debt May Increase From N6trn in 2021 — to hit N38trn, Says FG

Budget

Zainab Ahmed, the minister of finance, budget and national planning, has projected that Nigeria’s debt profile would hit N38.68 trillion by December 2021. Speaking when she appeared before the senate committee on local and foreign debts on Tuesday, Ahmed estimated that both external and domestic debt would rise to N32.51 trillion by December 2020. According … Read more

We Have Failed Our Children, Says Finance Minister

Budget

Zainab Ahmed, has urged parents to instill family values in their children The Minister of Finance, Budget and National Planning, Zainab Ahmed, has urged parents to instill family values in their children as a way to save the country from degeneration. The minister made the call on Saturday in Kaduna during a stakeholders’ engagement with … Read more

FG Claims Dangote Refinery Will Help Save $10bn Foreign Exchange

Recession

The Federal Government has said that the Dangote refinery when completed and commenced operations would help the country save $10bn foreign exchange. The Minster for Finance Budget and National Planning, Mrs Zainab Ahmed, disclosed this to newsmen during a courtesy visit to the Lagos refinery on Sunday. Zainab commended the company’s continued investment in the … Read more

See Why Nigerians May Not Have Access To Their Accounts By January 2020

Recession

Following the Finance Bill currently passed by National Assembly, Nigerians are in for a shock as the amended sections 33, 49 & 58 of the Personal Income Tax Act. Thus, individuals are required to produce their Tax Identification Numbers (TIN) before they can operate existing or new bank accounts in Nigeria. What this means is … Read more

Senators Query High Budgetary Releases to Finance Ministry

Ahmed

The Senate Committee on Finance on Monday queried the Federal Ministry of Finance for high budgetary releases to itself and some of its parastatal agencies. Members of the committee raised the question when officials of the ministry appeared before them to defend their 2019 budget proposals. The committee noted that amid complaints of paucity of … Read more

Finance Minister Pushes For More Women In Extractive Industry

Finance Minister

  Minister of Finance, Mrs Zainab Ahmed, has called for more women inclusion in the nation’s extractive industry. She made the call, weekend, on the heels of the 2019 International Women’s Day with the theme: ‘#BalanceforBetter.’ Ahmed said in a statement by her Special Adviser (Media and Communications), Mr Paul Abechi, that women possessed great … Read more