"> ministry of finance Archives - Sahel Standard
April 18, 2021
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Edo Governor Godwin Obaseki has faulted the Minister of Finance, Budget, and National Planning, Zainab Ahmed, for denying that the Federal Government printed N60 billion in March to support allocation to states. The governor, who accused the Federal Government of “monetary rascality’, also tackled the finance minister for “playing the Ostrich”. Obaseki said this in […]Continue Reading
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Africa’s largest economy Nigeria, has officially exited recession helped by the gradual return of economic activities following the easing of restricted movements and stimulus packages by the Central Bank of Nigeria. National Bureau of Statistics says real GDP grew by 0.11% in the fourth quarter of 2020 which is higher compared to the -3.62% growth […]Continue Reading
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Nigeria’s federal government has expressed optimism that the implementation of the Finance Act, 2020 and Strategic Revenue Growth Initiative (SRGI) will stimulate the economic recovery process through initiatives capable of growing fiscal revenues, improve Ease of Doing Business (EoDB), counteract the impact of oil price fluctuations and integrate fiscal, monetary and Continue Reading
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President Muhammadu Buhari on Tuesday directed the Ministry of Finance to release funds for the local production of solar cells by the National Agency for Science, Engineering Infrastructure (NASENI). The President gave the approval while presiding over a virtual meeting of governing board of NASENI at the State House in Abuja, the nation’s capital. President […]Continue Reading
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As part of its determination to ensure the success of the Social Housing scheme where the Buhari administration will construct 300,000 houses under the Economic Sustainability Plan (ESP), for low income earning Nigerians, cement manufacturers have agreed with the Federal Government to charge discount price. Making the disclosure over the weekend while visiting the Continue Reading
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The Federal Government has declared the land borders would be reopened soon. The borders were closed since August 2019 to curtail illegal importation of drugs, small arms and agricultural products into country from neighbouring West African nations. The Minister of Finance, Budget and National Planning, Zainab Ahmed, stated this in a chat with State House […]Continue Reading
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The Federal Executive Council (FEC), presided over by President Muhammadu Buhari on Wednesday approved the Finance Bill 2020, to support the 2021 Budget. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, who disclosed this to State House Correspondents after the FEC meeting, explained the bill designed to bring about incremental changes in the […]Continue Reading
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Nigeria on Tuesday signed a Memorandum of Understanding with The Gambia to avail the foreign nation Nigeria’s vast knowledge, experience and technical expertise on the implementation of the Treasury Single Account. According to Punch, the Minister of Finance, Budget and National Planning, Zainab Ahmed, who signed on behalf of Nigeria in Abuja, said the MoU […]Continue Reading