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The federal government says the 2022 appropriation bill may be presented to a joint session of the national assembly in October. Zainab Ahmed, minister of finance, budget and national planning, revealed this during a press briefing in Abuja on Monday organised for the minister to provide insight into the recent […]
The federal government says N2.02 trillion was spent on debt servicing within the first six months of 2021 (January-June). The figure represents 90.6 percent of the retained revenue of N2.23 trillion for the period. This was stated by the minister of finance, budget and planning, Zainab Ahmed, on Monday, in […]
Minister of Finance, Zainab Ahmed said the Federal Government’s planned sale of public assets will benefit Nigerians and help to boost the economy. In an appearance on Channels Television’s Sunrise Daily, Mrs Zainab said some government assets are currently moribund and provide little or no value to Nigerians in their […]
The federal government under the World Bank supported states fiscal transparency, accountability and sustainability (SFTAS) Programme-for-Results has disbursed N123.34 billion performance-based grant to eligible states. The minister of finance, budget and national planning, Zainab Ahmed, said Sokoto state received the highest amount of N6.612 billion while Kano state got the […]
A total of N3.10 trillion was spent by the Federal Government on debt servicing for the 11 months (January- November) 2020. This is out of its N3.48 trillion retained revenue for the same period. It puts Nigeria’s debt-to-revenue ratio — A key measure of debt sustainability, at 89 per cent […]
President Muhammadu Buhari has directed that all four land borders should be immediately reopened. The borders are Seme in Lagos, Illela in Sokoto, Maigatari in Jigawa and Mfun in Cross River. This was made known by the minister of finance, Zainab Ahmed at the end of the federal executive council […]
Mrs Zainab Ahmed, Nigeria’s Minister of Finance, Budget and National Planning on Monday, said the country will exit recession by the first quarter of 2021. Ahmed who spoke about the current recession in the country at the ongoing 26th Nigerian Economic Summit organised by the Nigerian Economic Summit Group and […]
