The Ministry of Finance on Thursday said that the Federal Government would continue to borrow from foreign and domestic financial institutions to fund its programmes.
The statement by the Director of Information, Mr. Salisu Dambatta contradicts the comment of the Minister of Finance, Mrs...
The Federal Government said it has engaged a global investigation agency in a bid to trace illicit funds originating from Nigeria to different parts of the world.
The Minister of Finance, Mrs. Kemi Adeosun, on Friday, stated this while in a keynote address at the 3rd Nigerian Stock...
The federal government has paid a total of N375.8 million to 20 whistleblowers, who facilitated the recovery of N11.6 billion.
According to a statement signed by Salisu Dambatta, director of press at the ministry of finance, the government said it received 2,150 communications and 337 tips...
Nigeria's finance Minister, Kemi Adeosun on Tuesday said that it is very easy to loot the country's treasury but the hardwork lies in discovering and repatriation of looted funds.
Adeosun made the remark while speaking at the second day of a three-day conference on ‘Promoting International...
The House of Representatives through its committee on procurement, has summoned former Finance Minister, Ngozi Okonjo-Iweala and her successor, Kemi Adeosun.
They were summoned for alleged abuse and breach of the Procurement Act, 2007. The house directed that they should appear before it on...
Minister of Finance, Kemi Adeosun, said statistics show that the economy is bouncing out of recession.
During an appearance on CHANNELS TV, Adeosun said, "I think we are getting out of recession. All the statistics seems to suggest that but more importantly, we are getting on the path of...
abujagirl
Thread
kemiadeosun
naija news
nigeria out of recession
recession in nigeria
The Federation Account Allocation Committee (FAAC) on Tuesday shared N415 billion to the three tiers of government being revenue for April 2017.
Giving the breakdown, the Minister of Finance, Mrs Kemi Adeosun said the gross statutory revenue of N274.210 billion received for the month, was...
ProfRem
Thread
abuja news
ahmed idris
faac april 2017
federation account allocation committee
kemiadeosun
nigeria news
President Muhammadu Buhari-led Federal Government has approved a new interest rate spread on unpaid taxes for the year 2017.
The new interest rate was approved by the Minister of Finance, Mrs. Kemi Adeosun.
According to the minister, the new interest rate shall be 5% over the Central Bank of...
ProfRem
Thread
kemiadeosun
new interest rate on unpaid taxes
nigeria news
nigeria tax system
paye
The Nigerian economy is gradually coming out of its worst recession in years, the finance minister, Kemi Adeosun, has said.
“Nigeria is coming out of recession; we are beginning to see the signs and we will come out to become stronger,” the News Agency of Nigeria quotes Mrs. Adeosun as saying...
ProfRem
Thread
kemiadeosun
minister of finance
nigeria news
nigerian economy
Acting President Yemi Osinbajo on Monday at the Presidential Villa, Abuja, on Monday, gathered the Economic Management Team (EMT) to discuss the modalities for funding the budget.
Although the National Assembly was yet to transmit the budget to the executive, the meeting was meant to brainstorm...
ProfRem
Thread
2017 budget
economic management team
kemiadeosun
nigeria's economic team
yemi osinbajo
Members of the Committee on Public Procurement of the House of Representatives, Monday gave the Minister of Finance, Kemi Adeosun a 24-hour notice to appear before it over alleged abuse and breach of the Procurement Act, 2001.
The committee also walked out officials of the Finance Ministry led...
The Chief of Staff to the President, Malam Abba Kyari, on Friday met behind closed-doors with service chiefs over the Boko Haram insurgency.
In attendance were the Chief of Defence Staff, General Gabriel Abayomi Olonisakin and the Chief of Army Staff, Major-General Tukur Yusuf Buratai, who were...
ProfRem
Thread
abba kyari
boko haram insurgency
gabriel abayomi olonisakin
kemiadeosun
muhammadu buhari
nigeria news
|what kyari discussed with service chiefs
Minister of Finance, Mrs Kemi Adeosun, on Tuesday revealed that Nigeria's excess crude account balance stood at 2.45 billion dollars.
The Accountant-General, Mr Ahmed Idris, who represented Mrs. Adeosun, at the monthly FAAC meeting, held in Abuja, gave the figure.
She said the Federation...
ProfRem
Thread
ahmed idris
balance of excess crude account
faac
kemiadeosun
nigeria news
nigeria's crude oil account
nigeria's excess crude account
The Federation Account Allocation Committee (FAAC) on Tuesday said it shared N467.8 billion as revenue for March to the federal, states and local governments.
The amount was N38.7 billion more than the amount shared by the three tiers of government for February.
The Accountant-General, Mr...
ProfRem
Thread
ahmed idris
faac allocation in march
how federal revenue was shared in march
kemiadeosun
nigeria news
The World Bank group and other development partners have agreed to scale up disbursements for critical projects in Nigeria.
Finance Minister, Mrs Kemi Adeosun told journalists in Washington at the end of the World Bank/IMF Spring Meetings that the power sector in particular, has received the...
ProfRem
Thread
kemiadeosun
nigeria news
world bank to support power project
Nigerian Senate on Thursday has urged the Minister of Finance , Mrs. Kemi Adeosun to release N15bn balance for Amnesty Program based on threats by ex-militants over non-payment.
The Senate asked its Committee on Niger Delta to investigate fictitious names included as Abia and Akwa Ibom state...
ProfRem
Thread
hosue of representatives
kemiadeosun
minister of agriculture
nigeria news
nigerian senate
President Muhammadu Buhari-led federal executive council has approved the $500 million Eurobond from the international capital market to fund the 2016 budget.
Kemi Adeosun, minister of finance, made this known on Wednesday, saying the next steps about the issuance will be released later in the...
ProfRem
Thread
$500million eurobond in nigeria
kemiadeosun
nigeria news
Federal government has so far received 2,351 tips from whistleblowers, on cases bordering on embezzlement of government funds, looting of assets, contract inflation, among others.
In a statement signed by Festus Akanbi, special adviser, media to Kemi Adeosun, minister of finance, said the tips...
Federal government, state governments and local government councils shared a total of N429.127 billion as federal allocation for the month of February 2017.
The communiqué issued by the Technical sub-Committee of Federation Accounts Allocation Committee (FAAC) at the end of the meeting held on...
ProfRem
Thread
breakdown of fg allocation in feb 2017
february faac allocation
how nigerian government shared allocation
kemiadeosun
The Minister of Finance, Mrs Kemi Adeosun has clarified the issue of Paris Club Refunds and assure the public that the Federal Government has consistently complied with all extant rules and regulations in the disbursement of the funds to State Governments.
At the National Economic Council...
ProfRem
Thread
abuja news
adeosun clarifies on paris club refunds
kemiadeosun
nigeria news
paris cub refunds
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.