The Voluntary Assets and Income Declaration Scheme has collected data of over five million corporate organisations and individuals in the country. This was disclosed in a statement issued by the VAIDS Office in the Federal Ministry of Finance on Wednesday. According to the statement, data collected...

The Federal Ministry of Finance has described as inaccurate, a report credited to Simon Ateba of an online publication, the Simon Ateba News, to the effect that the Ministry has hired a United Kingdom-based Public Relations Consultant for US$2 million monthly. In a statement signed...

The Federal Ministry of Finance has denied a claim by the Governor of Ekiti State, Mr. Ayodele Fayose, that the Federal Government withheld statutory allocation due to the State. In a statement by Director of Information of the Ministry, Mr. Salisu Na'inna Danbatta, the government denied...

The federal government has reduced the frequency of meetings of part-time chairmen and members of committees, boards of statutory corporations and government-owned companies from eight to four times annually. The government, by this move, hopes to save over N1 billion per annum from sitting allowances,...

……Cuts Board meetings from 8 to 4 per annum In continuation of its cost-cutting drive, the Federal Government has pegged the frequency of meetings of part-time Chairmen and members Committees, Boards of Statutory Corporations and Government-owned companies from eight to four times annually, with  savings...

Further to the states debt repayment deferral for the month of March that was announced last Thursday, the Federal Ministry of Finance has clarified that the debt repayments due to the States’ creditors will be fully paid notwithstanding the deferral. The Federal Government will make...