The Minister of Finance, Mrs. Zainab Ahmed, on Monday charged members of the newly inaugurated Tax Appeal Tribunal (TAT) to discharge their duties with high level of professionalism, integrity, diligence and fairness to all parties. The Minister gave this charge while inaugurating the body of Tax Appeal Commissioners in Abuja, stressing that they should avoid […]
Tag: Supervising Minister of Finance – Mrs. Zainab Ahmed
ECOWAS Restates Commitment To Customs Union, Infrastructure Devt
The President of the Commission of the Economic Community of West African States, ECOWAS, Jean-Claude Kassi Brou, at the weekend restated the community’s commitment to enhancing the regional Customs union and improved investments in infrastructure in order to achieve the goals of integration drives by the various governments in the sub region. The ECOWAS leader, […]
FG Will Sustain Support For SMEs, Other Investments – Ahmed
The Minister of Finance, Mrs. Zainab Ahmed, on Friday restated Federal Government’s commitment to supporting Small and Medium Enterprises (SMEs), start-ups and emerging industries through supportive fiscal policies to sustain the nation’s economic growth trajectory. This is even as she maintained that government would also continue to encourage investors to stake their funds in critical […]
FG, States, LGs Share N698.7Bn In October
The Federal Government, States and Local Governments in the country shared N698.7 billion in October from the total revenues that accrued to the Federation Account in the month of September this year. The Minister of Finance, Mrs Zainab Ahmed, gave this hint on Thursday while briefing journalists on the decisions taken at the Federation Account […]
FEC Approves $2.9Bn Eurobond Issuance To Fund Budget
The Federal Executive Council on Wednesday formally approved that the proposed plan by government on the issuance of $2.9 billion Eurobond and other securities from the international capital market should be implemented. The Minister of Finance, Zainab Ahmed, disclosed this to State House correspondents at the end of the council’s weekly meeting at the Presidential […]
Ezekwesili Faults FG On Additional Borrowing Plan
A former federal minister and frontline civil advocate, Dr. Oby Ezekwesili, has advised the Federal Government to suspend its plan to raise $2.8 billion in Eurobond to fund the 2018 budget. She gave the advice while reacting to the Minister of Finance, Hajia Zainab Ahmed, who on Sunday said that the government would soon float […]
FG Insists On Borrowing To Fund Capital Budget 2018
Despite warnings by multilateral financial institutions and debt management experts, the Federal Government, on Sunday insisted it would approach the international financial market to raise about $2.8 billion in Eurobond to fund the 2018 capital budget. The Finance Minister, Zainab Ahmed, who confirmed this at the closing session of the IMF/World Bank annual meetings in […]
Why We Opted For Stable Exchange Rate – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr.Godwin Emefiele, on Sunday said that the monetary authorities opted for maintaining stable exchange rate for the nation’s currency rather than building the foreign reserves in view of the beneficial effects of the adopted option for the economy. He gave this hint while briefing journalists on […]
FG Begins Payment Of Defunct Nigeria Airways Workers’ Entitlements
The Federal Government has stated that it will on Monday, 15th of October, flag off the final verification and payment of entitlements to former workers of the defunct Nigeria Airways nationwide. The government gave this hint in a statement by the Special Assistant to Finance Minister on Media and Communications, Mr. Paul Ella Abechi, and confirmed […]
FG Collects N3.9Trn Non-Oil Tax Revenue In Nine Months
The Chairman, Federal Inland Revenue Service, Mr. Tunde Fowler, on Thursday disclosed that the Federal Government collected N3.9 trillion non-oil tax revenue between January and September this year, representing about N1 trillion higher than the N2.9 trillion collections in the corresponding period of last year. Fowler made this disclosure in his presentation at the meeting […]