No Going Back On IPPIS Deadline, Says Finance Minister   The Federal Government on Tuesday said there was no going back on the October 31 deadline President Muhammadu Buhari gave public servants to register for the Integrated Payroll and Personnel Information System. The Minister of Finance, Budget...

W/Bank Okays Nigeria’s $3bn Power Sector Loan   The Federal Government on Sunday said it had opened discussions with the United Kingdom on the possibility of raising “Jollof Bond’ to finance the national budget. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, also said...

Nigeria Attracted $14bn Foreign Investments In Half Of 2019 — Minister   Foreign investments inflows into Nigeria climbed to $14bn in half year 2019, signalling upswing in investors’ confidence, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has said. In spite of this, she...

Nigeria’s Public Debt Rises To N25.7trn   The nation’s total public debt rose by N3.32tn in one year to N25.7tn as of the end of June 2019, the Debt Management Office said on Tuesday. The Federal Government owed N20.42tn as of June 30, 2019 while the 36...

FG Spent N3.3trn In Six Months, Minister Says     The Federal Government has spent the sum of N3.39tn within the first six months of this year to finance the 2019 budget. She gave the indication in Abuja on Monday during a public presentation of the 2020 budget,...

VAT Collection Still At 0.2%, FG Says   Mrs. Zainab S. Ahmed has said the collection of the value added tax (VAT) is still at a paltry 0.2 percent, well below the African average of 0.33 percent. The minister disclosed this yesterday at the ongoing economic summit...