Buhari Orders Review Of FG’s Payrolls To Cut Costs     The federal government has initiated a raft of measures to cut the cost of governance in the face of dwindling revenue occasioned by the headwinds of the COVID-19 pandemic and the attendant global economic tailspin. Minister of...

Fed Govt Advises States On Requirements For $1.5bn Fiscal Support         The Federal Government on Sunday urged states to domesticate the National Chart of Account to qualify for performance-based grants under the States’ Fiscal Transparency Accountability and Sustainability Programme. It said the SFTAS was for results of...

Service Chiefs Delaying Defence, Vaccine Supplementary Spending – FG       The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Wednesday gave an indication that the Federal Government would spend N296bn on COVID-19 vaccinations in 2021 and 2022. She also confirmed that the supplementary budget for...

Fed Govt Recovers N49.7bn Out Of N5.2trn Debt - Ahmed     The Minister of Finance, Budget and National Planning, Zainab Ahmed has disclosed that the Federal Government has succeeded in recovering N49.7bn out of its N5.2tn debt. She was speaking on the council’s approval for the second...

Reps Summon Ahmed, Budget Office, Customs Over Duty Waivers         The House of Representatives Committee on Public Accounts has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed; Director-General of the Budget Office of the Federation, Ben Akabueze; and the Nigeria Customs Service over...

PIB Passage Will See Changes To Oil Companies’ Taxes - Finance Minister         The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has said the passage of the Petroleum Industry Bill (PIB) currently being considered by the National Assembly will lead to changes to...