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2017 Budget must run till May 2018, Senate orders

2017 Budget must run till May 2018, Senate orders The Senate has ordered the Federal Ministry of Finance to allow the 2017 Budget run till May 31, 2018 instead of March 31.The resolution followed the adoption of a Point-of-Order raised by Sen. Atai Aidoko. Relying on...

Nigeria Targets 7% Growth in Next 3 Years- Adeosun

Nigeria Targets 7% Growth in Next 3 Years- Adeosun Nigeria’s Finance Minister, Mrs. Kemi Adeosun, has disclosed that the country’s economic outlook for the year 2018 and beyond was positive and now resilient after exiting recession and has the potential to achieve a seven per...

Power Purchase Agreements Not Cancelled – Adeosun

Power Purchase Agreements Not Cancelled – Adeosun Nigeria’s Finance Minister, Mrs Kemi Adeosun has said that unverified media reports on the purported cancellation of the Power Purchase Agreements (PPAs) signed by the Federal Government with Project Developers in the power sector is untrue. She stated this...

AFRITAC: Adeosun Seeks Technical, Institutional Support for West Africa

AFRITAC: Adeosun Seeks Technical, Institutional Support for West Africa The Minister of Finance, Mrs. Kemi Adeosun, has called for more technical and institutional support from the Africa Regional Technical Assistance Center West 2 (AFRITAC West 2) for West African countries. Adeosun made the call while declaring...

Adeosun, MTN handover food, Household items to Orphanage

Adeosun, MTN handover food, Household items to Orphanage The MTN Foundation has donated food and household items under its Orphanage Support Initiative to Olive Blooms Orphanage Home in Lagos. The  Minister of Finance, Mrs. Kemi Adeosun, handed over the goods on Friday in Lagos to the...

Buhari Approves Rates for Alcoholic Beverages, Tobacco

Buhari Approves Rates for Alcoholic Beverages, Tobacco President Muhammadu Buhari has approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from Monday, 4th June 2018. The President has also granted a grace period of 90 days (three months) to all...