FG To Replace Fuel Subsidy With N5,000 Transport Grant To Nigerians The Minister of Finance, Budget and National Planning, Zainab Ahmed, has disclosed that the Federal Government will remove fuel subsidy by 2022 and replace it with a N5,000 monthly transportation grant to the poorest...

Democracy Day, Independence, Conferences, Others To Gulp N6.49bn   The Federal Government’s Ministries, Departments and Agencies plan to spend N6.49bn on national and international celebrations as well as conferences in 2022, according to an analysis of the data contained in the 2022 budget proposal of the...

Nigeria’s Debt To GDP Still Low Says Finance Minister   The Minister of Finance, Budget and National Planning, Zainab Ahmed has reiterated that Nigeria’s debt to gross domestic products (GDP) ratio is still low at 33 per cent amidst concerns over heightened increased borrowing. She said this...

Fed Govt Planning To Replace Fuel Subsidy With Transport Palliative – Minister   The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has described fuel subsidy as a major waste and a drain on the Nigerian economy,saying the government plans to replace it with...

Nigeria Lagging Behind In $2trn Islamic Finance Market - Minister   Zainab Ahmed, Minister of Finance, Budget and National Planning says the penetration of Islamic financing in Nigeria is low and remains insignificant in the over $2 trillion global market, despite potentials to drive a more...

Govt Officials’ Estacodes, Others Gulp $3.9bn In One Year   The amount of foreign exchange used for the payment of estacodes and Personal Travel Allowances to Ministries, Departments and Agencies as well as to fund Bureaux De Change operations was $3.95bn in 2019, according to the...