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N450 Unremitted Revenue N793 million More Recovered

As the Federal Government intensifies efforts to recover unremitted operating surpluses by Agencies and increase Independent Revenue, an additional sum of N793 million has been recovered from three Federal Government Agencies by the Recovery Committee set up two weeks ago by the Minister of...

Buhari Repackages Jonathan’s YouWin Concept, Renames it YouWinConnect!

The Federal Government has transformed the former President Goodluck Jonathan’s YouWin programme into a multimedia programme and renamed it YouWinConnect! As part of the youth employment drive of the present administration by supporting young entrepreneurs with fresh business ideas. Minister of Finance, Mrs. Kemi Adeosun...

Economy: Are We On The Right Track?

There is no doubt that the last one year has been tough economically in Nigeria due to the dwindling economy triggered by hyperinflation, rising job losses, foreign exchange conundrum, power failure, reduction in the daily oil production to 1.1 million from 2.1 million barrel...

FAAC Distributes N420bn in November

The Federation Accounts Allocation Committee (FAAC) distributed the sum of N420 billion among the three tiers of government in November this year, being the statutory allocations for the month of October. The distributable monthly allocation remained constant with the N420 billion shared in the month...

FG, SunTrust Bank Partner on N13bn Housing Scheme

The Nigeria Mortgage Refinance Company, in partnership with SunTrust Bank Plc, has launched a N13bn mortgage refinancing scheme for federal civil servants. The Minster for Finance, Mrs. Kemi Adeosun, was quoted in a statement as saying that the Federal Government had earmarked N40bn in the...

FG Launches N13bn Civil Servants Mortgage Loan Refinancing Scheme

As part of efforts by the present administration to check housing deficit, the Federal government has launched the N13 Billion Federal Civil Servants Mortgage Refinancing Scheme by the Nigeria Mortgage Refinance Company Plc (NMRC). Finance Minister, Kemi Adeosun at the occasion said it was in...