The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said that the Federal Government is optimistic of securing $3 billion World Bank loan to supplement resources for funding power sector projects in the country. Ahmed, who gave the hint on Sunday during a media briefing about Nigerian delegation’s participation during the just-concluded […]
The Federal Government on Thursday hinted of plans to extend tax drives to cover carbonated (soft) drinks with a view to using collections from the items to augment collectible revenues required to fund the budget. The Minister of Finance, Budget and Planning, Mrs. Zainab Ahmed, disclosed this during an interactive session with journalists at the […]
The International Monetary Fund (IMF) has reiterated its support for the Central Bank of Nigeria’s (CBN’s) sustained tight monetary policy and other measures being implemented to stabilize the Nigerian financial system and improve the nation’s economic growth. The support was expressed by the multilateral financial institution’s Chief Economist and Director of Research Department, Gita Gopinath, […]