Infrastructure, FG Seeks Chinese Bank’s Support For Funding   The Minister of Finance, Mrs. Kemi Adeosun, on Monday met with a delegation from the China Development Bank to discuss areas where the lender could be of assistance to the country. The meeting, which was held at the...

Adeosun - Regular Tax Payment Crucial To Development   The Minister of Finance, Mrs. Kemi Adeosun, on Sunday identified the regular payment of taxes by Nigerians as fundamental to the growth and development of the economy. Adeosun, according to a statement by her Media Adviser, Mr. Oluyinka...

Adeosun Seeks Tougher Sanctions Against Multinationals On Tax Evasion Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has called for the designation of tax malpractices by multinational corporations in Nigeria and other developing countries as ‘foreign corrupt practices’. A statement signed by Oluyinka Akintunde, Special Adviser Media...

Govt Won’t Divert Capital Budget Into Elections Says Adeosun The Minister of Finance, Mrs. Kemi Adeosun, has said the Federal Government’s 2018 capital budget of N2.4tn will be strictly used for infrastructural projects across the country, particularly the completion of ongoing projects. According to a statement...

Importers To Spend N21.6bn Yearly On Palletisation Maritime sector stakeholders have expressed concerns over the federal government’s policy on cargo palletisation, noting that it will cost Nigerian importers about $60million (N21.6 billion) annually. The stakeholders were also unanimous in their resolution that the controversial policy will...

Govt Set To Redeem N762.5bn T-bills With Planned Eurobond Sale The Federal Government is planning to redeem N762.5bn ($2.5bn) worth of Treasury bills from the proceeds of its planned $2.5bn Eurobond, to lower borrowing costs for the government, Finance Minister, Kemi Adeosun, has said. The country...