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Tag: Mrs. Kemi Adeosun

Adeosun Urges CBN to Lower Interest Rates

As the Central Bank of Nigeria’s Monetary Policy Committee concludes its meeting in Abuja, the Minister of Finance, Mrs. Kemi Adeosun has urged the apex bank to cut interest rates to boost domestic borrowing by the government. However, the MPC which started meeting yesterday is...

Manufacturers Support Finance Minister’s Call for Interest Rate Cut

The Minister of Finance, Mrs. Kemi Adeosun, has called on the Central Bank of Nigeria to lower interest rate so that the government can borrow domestically to boost the economy without increasing debt servicing cost. While reacting to the minister’s call, the President, Manufacturers Association...

Adeosun Urges Deltans to Explore Other Sectors to Tackle Economic Challenges

The Minister of Finance, Mrs. Kemi Adeosun has called on Deltans to explore the ingredients beyond oil to tackle the poor economic challenges, rather than trading blames on the fall of oil prices. While urging them to invest on locally made products, the Minister said...

FAAC Distributes N299.7bn In April

The Federation Account Allocation Committee shared the sum of N299.7 billion among the three tiers of government in April this year, being the statutory allocation for the month of March.   The distributable monthly revenue allocation gain marginally dropped for the second consecutive month after it...

Adeosun: FG to Redefine Government Spending for Maximum Impact

The Minister of Finance, Mrs. Kemi Adeosun, has  reiterated the resolve of the Federal Government to redefine spending in order to get maximum impact. The Minister, who was a guest at the Ogun State Investors’ Forum, holding in the state capital, said during a panel discussion...

FAAC Distributes N345bn In March 2016

The Federation Account Allocation Committee shared the sum of N345 billion among the three tiers of government in March 2016 being the statutory allocation for the month of February, this year. The distributable monthly revenue allocation marginally decreased after it rose to N370.41 billion...