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FG Tasks States on Fiscal Discipline

FG Tasks States on Fiscal Discipline ..Harps on reduction of unnecessary overhead costs The Federal Government has called on State governments to reduce unnecessary overhead costs and enthrone fiscal discipline in order to increase Internally Generated Revenue (IGR) for proper resources management with availability of scarce...

Capital Market Instrumental In Taking Nigeria Out Of Recession

Capital Market Instrumental In Taking Nigeria Out Of Recession ….calls for inclusive economic growth to tackle devt challenges Nigeria’s Finance Minister Mrs. Zainab Shamsuna Ahmed has said that a strong capital market was instrumental in taking Nigeria out of recession and positioning it on the path...

Kaduna Harvests Over N13.5bn From FG’s Social Investment Programme

Kaduna Harvests Over N13.5bn From FG's Social Investment Programme The Minister of Finance, Mrs Zainab Shamsuna Ahmed, has disclosed that Kaduna State since inception of the Federal Government's National Social Investment Programme (NSIP), has benefited over ₦13.5 billion, adding that President Muhammadu Buhari is leading...

Nigeria Supports Regional Common Tariff, Customs Union-Minister

Nigeria Supports Regional Common Tariff, Customs Union-Minister The Federal Government has assured Ministers of member countries of the Economic Community of West African State (ECOWAS), on support for regional common tariff and customs union towards trade liberalization, industrialization and integration. Minister of Finance, Mrs Zainab Shamsuna...

FAAC Allocation Falls to N699bn in October 2018

FAAC Allocation Falls to N699bn in October 2018 The total monthly payout by the Federation Account Allocation Committee (FAAC) for distribution to the three tiers of government amounted to N699bn (US$2.28bn) in October (from September revenues). This was a decrease of N43bn from the previous...

FG Extends Verification Exercise of Former Airways Workers

FG Extends Verification Exercise of Former Airways Workers The federal government has extended the ongoing verification exercise of Nigeria Airways Limited former workers and assured that the exercise will not end until everybody is captured. The Minister of Finance, Mrs Zainab Shamsuna Ahmed, stated this on...