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Adeosun Engages G24 on Tax Revenue, Inclusive Growth

Finance Minister Kemi Adeosun, met with fellow Finance Ministers at a meeting convened by the G24 Group to discuss strategies to drive non-oil revenue growth and achieve inclusive growth. Speaking after the meetings, the Minister said: “Revenue mobilization is critical to the success of Nigeria’s...

FEC Approves $1.3b Loans for DBN

The Federal Executive Council (FEC) has approved credit facilities of $1.3 billion to support the Development Bank of Nigeria (DBN). The Minister of Finance, Kemi Adeosun made this known at the end of the FEC meeting chaired by President Muhammadu Buhari at the Presidential Villa,...

FG Clears N54bn Pension Backlog

Concerned about the plight of pensioners who retired under the Contributory Pension Scheme without being paid, the Federal Government has cleared the inherited arrears of accrued pension benefit for the year 2014, 2015 and 2016 by releasing N41.5 billion to the National Pension Commission...

Adeosun Assures Continuity of You win Programme on Facebook

The Minister of Finance, Mrs Kemi Adeosun, held her first-ever Facebook Live session . The 23-minute event, filmed at the Ministry of Finance headquarters in Abuja, and broadcast live through her Facebook page, reached an audience of more than 130,000 persons within the first...

YOUWIN Fraud: Why we suspended Further Payments-Adeosun

The attention of the management of the Federal Ministry of Finance has been drawn to a story in The Punch newspaper of Tuesday, March 28, 2017 entitled, “Probe Uncovers Massive Fraud in YouWin Programme.” It will be recalled that the current administration inherited YouWin as...

CBN Approves Licence for DBN

The Central bank of Nigeria has approved the grant of a Wholesale Development Finance Institution Licence with national authorization to the Development Bank of Nigeria (DBN) Plc, the Minister of Finance, Mrs. Kemi Adeosun has confirmed. The approval was conveyed in a letter addressed to...