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Business Nigeria's Revenue Generating Agencies Stink of Corruption- Finance Minister Adeosun
Finance Minister, Mrs. Kemi Adeosun, has exposed high level of corruption in Nigeria's revenue generating agencies. This is frustrating efforts at realising money from them by government she said. She especially singled out the Nigerian Customs Service (NCS), which she described as “cohesive...- LequteMan
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Politics Kemi Adeosun Opens Up - Buhari's Relationship With Women
Kemi Adeosun, Nigeria's Minister of Finance, on Friday said that President Muhammadu Buhari does not hate women. Speaking with BBC, Adeosun said the fact that the President “appointed women into very senior positions” is an indication that he is not a “misogynist.” She said, “I think the...- abujagirl
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Business Finance Minister, Adeosun Reveals Account Balance of Excess Crude Account
The Minister of Finance, Mrs Kemi Adeosun, on Thursday said that the balance of the excess crude account stood at 2.45 billion dollars. The crude balance for August stood at 2.91 billion dollars Adeosun, represented by the Permanent Secretary of the ministry, Mr Mahmoud Isa-Dutse said this in...- ProfRem
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Business FAAC: How FG, States, LGs Shared N420Bn Allocation For September
Minister of finance, Mrs Kemi Adeosun said Federal, state governments and the local councils shared N420 billion as revenue for September. This month revenue dwindled against N510.3 billion shared in August. Adeosun, said this in Abuja on Thursday at the monthly revenue allocation to Federal...- ProfRem
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Politics Buhari is Drowning -PDP (PHOTO)
According to the Peoples' Democratic Party, PDP President Muhammadu Buhari is drowning. The party's youth wing made the remark via Twitter. They tweeted a photo of Buhari and Finance Minister, Kemi Adeosun drowning. See screenshot below :- abujagirl
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Business We Have Released N3.9tn out of 2016 Budget - Finance Minister Adeosun
Nigeria's Finance Minister, Mrs. Kemi Adeosun, has stated that N3.9tn out of the N6.1tn budgeted for the year has been released by the Federal Government. However, only 18 per cent of the releases was for capital expenses against 82 per cent for recurrent expenditure. She stated this at a...- LequteMan
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Business Nigeria: Why We Will Abandon Local Loans for Foreign Loans - Adeosun
The Federal Government t is ready to source for loans to fund its budget deficit from multilateral institutions and international lending partners instead of borrowing locally. The Minister of Finance, Mrs Kemi Adeosun, said this in Washington DC that foreign loans were cheaper as some...- ProfRem
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Business You Are Hypocrites - Finance Minister Adeosun Condemns Western Powers
Nigeria's Finance Minister, Mrs. Kemi Adeosun has condemned the western world for blocking Nigeria from embarking on a project to generate electricity using coal as fuel. She said multilateral funding agencies and Western nations are blocking the project on the excuse that the project is not...- LequteMan
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Business Nigeria is Already Getting Out of Recession- Finance Minister Adeosun
Nigeria's Finance Minister, Kemi Adeosun, has stated that the recession days of Nigeria are drawing to an end. “We are already getting out of recession because of the actions the Federal Government is taking," she said on Wednesday while speaking with newsmen. “We are investing more in...- LequteMan
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Business Recession: How We Plan to Sell Nigeria's Unused Assets - Finance Minister
Nigeria's Finance Minister, Kemi Adeosun, has stated that the presidency is considering selling some of the nation's unused assets. “I think there are a number of assets that are being considered and I don’t think we have said this one or that one," she told newsmen recently in Abuja . "There...- LequteMan
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Metro Recession: The Hardship of Nigerians Will be Over Soon- Finance Minister Adeosun
Nigeria's Finance Minister, Kemi Adeosun, has stated that the country is on its way out of recession. Speaking in an interview with newsmen in Abuja, she said although she has no idea when the hardship will be over, things are starting to look up. “I don’t want to predict when we will get...- LequteMan
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Business FG Grants State Governors N50Bn Loan
The Federal Government has so far disbursed N50 billion support loan facility to state governments. The Minister of Finance, Kemi Adeosun, disclosed this in her presentation to the National Economic Council (NEC) on Thursday.. The minister said the disbursement of the facility was still going...- ProfRem
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Politics Nigerian Governors Rubbish Senate's Decision, Okays Adeosun, Udoma
Nigerian governors today passed a vote of confidence on the minister of Budget and National Planning, Senator Udoma Udo Udoma and her finance counterpart, Mrs. Kemi Adeosun, saying they were not responsible for plunging the country into recession. The governors’ position rubbishes the National...- ProfRem
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Business CBN is Starting to Become Independent - Emir Sanusi
Emir of Kano, Muhammadu Sanusi II has commended the Central Bank for not succumbing to pressure from the Finance Minister Kemi Adeosun to increase interest rate. " I love the finance minister, but when the CBN said we are not reducing interest rate, I said, yes”. “It is a positive thing. I...- LequteMan
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Politics Nigerian Senate Recommends Sack of Adeosun, Udoma Over Economic Woes
The Senate on Wednesday recommended the sack of Minister of Finance Kemi Adeosun and her counterpart in the Ministry of Budget and National Planning, Udo Udoma. The senators made the recommendation at plenary on Wednesday when it commenced deliberation on the economic challenges of the country...- ProfRem
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Business Nigeria: Finance Minister, Adeosun Reveals Account Balance of Excess Crude Account
The Minister of Finance, Mrs Kemi Adeosun, on Tuesday in Abuja, said that the balance of the excess crude account stood at 2.91 billion dollars Mrs. Adeosun said N510.2 billion was shared among the federal, states and local governments as revenue realised in August. She made the disclosure...- ProfRem
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Business FAAC: How FG, States, LGs Shared N510Bn Allocation For August 2016
The Minister of Finance, Mrs Kemi Adeosun, on Tuesday in Abuja, said N510.2 billion was shared among the federal, states and local governments as revenue realised in August. She made the disclosure while addressing a news conference on the outcome of the Federation Account Allocation Committee...- ProfRem
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- august allocation kemi adeosun nigeria news nigerianbulletin states allocation
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Business Nigeria: FG To Borrow N1.8trn to Revive Crashed Economy
The Minister of Finance, Mrs Kemi Adeosun has said that President Muhammadu Buhari-led federal government plans to borrow a total of 1.8 trillion Naira at home and abroad to fund an expected budget deficit of 2.2 trillion Naira. Mrs. Adeosun said in Abuja on Friday that the government is set to...- ProfRem
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Politics Kemi Adeosun is Daft and Insensitive For Saying Recession is A Word – Fani-Kayode
Former Minister of Aviation, Femi Fani-Kayode has reacted to the statement credited to the Minister of Finance, Kemi Adeosun, saying recession is juts a word. Fani-Kayode on social media said: “Those that say that "recession is just a word" are daft and insensitive. Those that say it with a low...- ProfRem
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Politics VIDEO EVIDENCE - Kemi Adeosun Said 'Recession is a Word'
Hours after Nigeria's finance minister, Kemi Adeosun denied saying 'recession is a word', a video of her making the remark during a public gathering has been posted online. Watch from the 4.00mark- abujagirl
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