Fed Govt Kick-starts 2021 Budgetary Process   The federal government has commenced preparation of its 2021 budget, as the Ministry of Finance, Budget and National Planning has received anticipated personnel costs for next year, from various Ministries, Departments and Agencies, MDAs. This followed the Personnel Cost Budget...

Senate Summons Emefiele, Ahmed, Others Over Expatriate Tax Evasion     The Senate on Wednesday summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, and the Governor of the Central Bank of Nigeria, Godwin Emefiele, to brief it on measures to curb tax evasion by...

FEC Okays N2.3trn Stimulus Plan     The Federal Executive Council on Wednesday approved the N2.3tn stimulus plan proposed in the Nigeria Economic Sustainability Plan designed to support the nation’s economy in the face of the disruptions and challenges of the COVID-19 pandemic. The plan was designed by...

FG Tasks NBET Board To De-risk Power Sector     The Federal Government, yesterday, reconstituted the Board of the Nigerian Bulk Electricity Trading Company (NBET) and charged the members to explore all options of de-risking the power sector for value addition to the country. The Minister of Finance,...

FG Considers Unified Naira Exchange Rate Regime     The federal government on Wednesday hinted of plans to unify the current Naira multiple exchange rate regime as a strategic monetary policy option to generate more local currency from its dollar inflows and manage the rate in a...

Our Plan To Rescue Power Sector - Finance Minister     The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday, reeled out the recovery plan of the Federal Government to save the power sector from collapse. Ahmed spoke at an investigative public hearing organised...