Finance Minister Mrs. Kemi Adeosun has unveiled the Federal Government’s plans to inject N350 billion into the economy quarterly to stimulate growth. Speaking on Sunrise, a Channels TV programme, she said the fund will be released as soon as the budget is signed. Said Mrs Adeosun:...

The Minister of Finance, Kemi Adeosun has said that the N165 billion civil service monthly wage bill is over-bloated and can no longer be sustained by the federal government. The minister spoke on Thursday in Lagos at a meeting with the Newspaper Proprietors’ Association of...

... States Debt Repayment Deferral-- Not a bail out The Federation Accounts Allocation Committee (FAAC) meeting which took place yesterday, presented the lowest FAAC in over 5 years, with less than N300bn in revenue driven by the impact of the historically low oil prices in January...

The Federal Government, on Sunday, said it was in discussion with the World Bank and the Islamic Development Bank, IDB, for a $2.5 billion concessionary loan to support the country in the implementation of this year’s budget. This is even as it confirmed its discussions...

The Minister of Finance, Mrs Kemi Adeosun has said that N345 billion was shared among the federal, states and local governments as revenue for February 2015. Adeosun, who was represented by the Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa Dutse, announced this when she addressed...

Finance Minister Kemi Adeosun has disclosed that the federal government was investigating additional 11,000 ghost workers on its payroll. She told State House correspondents after the Federal Executive Council (FEC) meeting chaired by President Muhammadu Buhari that the recent removal of 23,000 ghost workers from the...