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30 Sectors Showed Negative Growth In H1 – Ahmed

30 Sectors Showed Negative Growth In H1 - Ahmed       The Minister of Finance, Budget and Natural Planning Minister, Mrs. Zainab Ahmed on Wednesday said 30 sectors of the economy showed negative growth in the first half of the year. Speaking to State House Correspondents, she said...

Economy’ll Recover In Q1 2021, Says Minister

Economy'll Recover In Q1 2021, Says Minister     The Federal Government has predicted that the economy will rebound to positive territory in the first quarter (Q1) of 2021. Minister of Finance, Zainab Ahmed made this prediction when board members of the Federal Inland Revenue Service (FIRS) paid...

Nigeria’s Revenue Declined By 65%, Says Finance Minister

Nigeria’s Revenue Declined By 65%, Says Finance Minister       The Minister of Finance, Budget and National Planning, Zainab Ahmed, says Nigeria’s revenue has dropped by 65 per cent hence the decision of President Muhammadu Buhari to discontinue the payment of petrol subsidy. Ahmed said this on NTA’s...

Finance Minister Contradicts Presidency, Says Food Prices Rising

Finance Minister Contradicts Presidency, Says Food Prices Rising     The Minister of Finance, Zainab Ahmed, says food prices are indeed going up. This is contrary to claims by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, who said last week that...

Dangote Refinery’ll Sell Petrol At International Price – Ahmed

Dangote Refinery'll Sell Petrol At International Price - Ahmed     The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petrol because the refinery will be selling at...

Customs May Cut 70% Jobs After $3.1bn Automation

Customs May Cut 70% Jobs After $3.1bn Automation       There are strong indications that the Nigeria Customs Service (NCS) may lose about 70 per cent of its workforce if the Federal Government implements the port automation and concession to its revenue department. The government had approved $3.1...