FG To Review Criteria For MSME Loans The federal government on Thursday said it would review the criteria being used by the Nigerian development banks to disburse loans to Medium and Small-Scale Enterprises (MSMEs) to ensure geographical spread. The Minister of Finance, Budget and National Planning,...

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...

Humanitarian minister blames Ahmed for N206bn budget padding Senate, Ministers Battle Over N206bn Budget Padding  The Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Farouq, has disclosed that the Minister of Finance, Zainab Ahmed, added N206bn to the humanitarian ministry’s budget. Farouq, who appeared before...

Agenda 2050 to Replace Vision 2020, Says FG The Minister of Finance, Budget and National Planning, Zainab Ahmed, has revealed that the Federal Government is currently formulating ‘Nigeria Agenda 2050’ to replace Vision 2020 which lapsed two years ago. Ahmed said this on Monday in Abuja...

Power: Senate Summons Minister Over N147bn Power Projects The Senate Committee on Power summons Minister of Finance, Zainab Ahmed over N147 billion included in the Ministry of Power capital project. The Minister of Power had presented a total budget of N250bn on behalf of the ministry. The...

Islamic bank to Allocate $1.8bn for  Nigerian projects The Islamic Development Bank says it has approved $1.8bn to finance several key projects to help drive economic growth in the country. This was disclosed by the President of the Saudi-based bank, Dr Mohamed Jasser, at a meeting...