Minister of Finance, Mrs Zainab Ahmed says part of the $800 million facility from the World Bank will be used to provide financial support for 50 million Nigerians for six months after the petroleum subsidy is removed. Mrs Ahmed also expressed optimism that Nigeria would benefit from the Continue Reading
Minister of Finance Budget and National Planning Mrs Zainab Ahmed has suspended the embattled Accountant General of the Federation Ahmed Idris. The suspension letter marked HMFBNP/AGF/SUSPENSION/5/2022 and dated 18th May, 2022 said the suspension became necessary “to allow for proper and unhindered investigation in to the serious allegations in line with Public Service Continue Reading
As a way of addressing the country’s dwindling economy and heavy debt burden, the federal government moved to boost its resources by directly taking control of revenue management of its ten most lucrative enterprises. These enterprises include Nigerian National Petroleum Corporation, NNPC, Nigerian Ports Authority, NPA, Nigeria Maritime Administration and Safety Agency, Continue Reading