FG: Tax exemptions, Incentives Fail To Stimulate Remittances, Growth The Minister of Finance, Budget and National Planning, Zainab Ahmed, says despite the Federal Government’s efforts to harness the benefits of tax exemptions and concessions, the incentive has rather led to huge revenue loss to the...

We Are Working On Incremental Fuel Subsidy Removal - FG The minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has hinted that the executive arm of government is proposing an incremental removal of fuel subsidy, as she stated that subsidy is a problem...

‘We are Exceeding Borrowing Threshold for 2021’-FG Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, yesterday admitted that the federal government is exceeding its borrowing plan for 2021, blaming the development on the COVID-19 pandemic and the fall in oil prices. In an interview...

Solid Mineral Exporters Owe N17bn Royalties — Minister       The federal government has disclosed that solid minerals exporters have failed to remit about N17bn in royalties to her. Only 56 of the 2,670 mineral exports from Nigeria between January 2013 and June 2017 had valid mineral export...

$700m Looted Funds Returned In 4 yrs; Nigeria Receives £4.2m Recovered From UK — Malami       The Federal Government recovered $700 million looted funds in the last four years, even as it just received the £4.2 million taken from Delta State’s treasury by an ex-governor of...

Illicit Financial Flows Will threaten Economic Stability– Finance Minister Illicit financial flows (IFFs), unless checked, will continue to significantly erode domestic revenues, enable corruption, threaten economic stability and sustainable development, divert money from public priorities and hamper government’s efforts to mobilise domestic resources and recover...