"> Minister of Finance Archives - Sahel Standard
October 27, 2020
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Nigeria’s Minister of Finance, Budget, and Planning Zainab Ahmed says she believes that Nigeria has achieved progress in attaining self-sufficiency in food security. The Minister said this while responding to questions during an interview on The Platform, a programmed aired on Thursday on Channels Television. She said the nation would have been faced with serious Continue Reading
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Despite the national and global economic upheaval caused by the COVID-19 pandemic, the Federal Inland Revenue Service (FIRS) has continued to record significant increase in collectable tax revenue from the non-oil sector of the economy. Executive Chairman, FIRS, Mr. Muhammad Nami, disclosed this on Tuesday in Abuja during a courtesy call on the Minister of […]Continue Reading
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President Muhammadu Buhari on Wednesday inaugurated the National Steering Committee to oversee the development of the Nigeria Agenda 2050 and Medium-Term National Development Plan to succeed the Vision 20:2020 and the Economic Recovery and Growth Plan 2017 – 2020. The membership of the newly inaugurated committee to be co-chaired by Atedo Peterside and the Minister […]Continue Reading
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President Muhammadu Buhari has approved a one-year deferment of the 35 per cent import adjustment tax (levy) imposed on Fully Built Unit (FBU) electricity meters while six million power users expect to get the device. A statement from the Ministry of Finance, Budget and National Planning, said the HS Code 9028.30.00.00 tariff is under the […]Continue Reading
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According to Laolu Akande, spokesman of Vice-President Yemi Osibanjo, the nation’s number two citizen announced the approval at a national economic council (NEC) meeting he chaired on Thursday. Akande said Osinbajo directed Boss Mustapha, secretary to the government of the federation (SGF); Kayode Fayemi, chairman of the Nigeria Governors’ Forum (NGF); Zainab Ahmed, Continue Reading
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NIGERIA risks a return to recession — the second in four years — unless there is a strong third quarter economic performance, the Federal Government has warned. It explained that another recession will come with grave consequences. The government also warned that Nigeria faces significant medium-term fiscal challenges, especially in revenue generation, which if not […]Continue Reading