Ministry of Finance Incorporated: Can Takang Deliver? by Walter Duru, Ph.D   Nigeria’s President, Bola Ahmed Tinubu has just appointed a new leadership for the Ministry of Finance Incorporated (MOFI), an asset holding and management company under the Federal Ministry of Finance, with mandate as the...

Nigeria Can Service N46tn Debt - Ex Minister The former Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said the public debts remain sustainable as the country has adequate capacity to repay its debts. While speaking at her valedictory ceremony in Abuja, Ahmed...

Excise Duty Hike: Manufacturers Lament Crises,  Threaten Shutdown The Manufacturers Association of Nigeria says the recent increase in excise duty for beverage and tobacco goods will force businesses to scale down operations, which will result in factory closures, job losses, a decline in exports among...

FG Spends N613bn Sukuk Loan on Roads, Bridges The Federal Government has disclosed that it spent N612.56bn for the construction and rehabilitation of 77 road projects and 23 bridges with funds raised through through Sovereign Sukuk. This was made known by the Minister of Finance, Budget...

Buhari Inaugurates Ministry Of Finance Board, Governing Council   The President Muhammadu Buhari on Wednesday, inaugurated the Governing Council, Board of Directors and the Executive Management Team of the Ministry of Finance Incorporated, at the council chambers of the State House, Abuja. At the official launch which...

FG Disbursed N1.98tn Derivation Funds to States – Minister The Federal Government has disclosed that it disbursed a total of N1.98 trillion as share of the 13% oil derivation fund paid to oil-producing states. This was revealed by the Minister of Finance, Budget, and National budget...