FG's Capital Releases for 2017 hits N1.580trn The Federal Government has announced that a total of N1.580trn (One trillion, five hundred and eighty billion capital cost was released to Ministries, Departments and Agencies(MDAs) for the 2017 federal budget. The Minister of Finance, Mrs. Kemi Adeosun made...

MDAs to Authenticate Tax Clearance Certificates before Payment The Federal Government has mandated all Ministries, Departments and Agencies of government (MDAs) and the Federal Inland Revenue Service (FIRS) to authenticate all Tax Clearance Certificates (TCCs) presented by companies and individuals engaged in public procurement processes. This...

FG Okays N1.6bn Operational Vehicles For Customs The Federal Executive Council on Wednesday approved the contract for the procurement of 68 new pick-up operational vehicles for the Nigeria Customs Service. The Minister of Finance, Kemi Adeosun, disclosed this to State House correspondents at the end of...

Senate Kicks As Adeosun, Others Shun PIB Hearing   The Minister of Finance, Kemi Adeosun; Minister of State for Petroleum Resources, Ibe Kachikwu; and Governor of the Central Bank of Nigeria, Godwin Emefiele, were among the top Federal Government officials absent from the public hearing held...

Taxes on Cigarette, Alcohol Up The new excise duty for alcoholic beverages and cigarette earlier approved by President Muhammadu Buhari will take effect from Monday, June 4th, 2018 finance minister, Kemi Adeosun said. Under the new rates for tobacco, each stick of cigarette will attract one...

Tax Payers’ Base hits 19m - Adeosun Minister of Finance, Mrs. Kemi Adeosun, disclosed on Thursday that the Federal Government would mobilise more revenues to drive its growth plan for the economy, just as she said tax payers’ base has hit 19 million. The Minister made...