Minister of Finance

Minister of State for Petroleum Resources, Chief Timipre Sylva, on Monday, that the Nigerian National Petroleum Company Limited (NNPCL), is selling Premium Motor Spirit, popularly called petrol, at a loss because of its mandate from the…

The Federal Government may have concluded plans to rename the Federal Inland Revenue Service (FIRS). The Agency could be renamed be called the Nigeria Revenue Service (NRS). The name change, it was gathered, would depend on whether…

The Federal Government may have to borrow about N11.3 trillion to fund expenditure in the 2023 budget as the deficit is projected to be at most, over 12.41 trillion next year or at least, N11.3 trillion which is over 100 per cent of the…

The House of Representatives, on Tuesday, issued a week ultimatum to Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, to appear before lawmakers and provide relevant documents on the N6.7 trillion fuel subsidy for 2022…

Anthony Iwuoma Despite the protracted strike action of the university lecturers under the aegis of the Academic Staff Union of Universities (ASUU) over pay, the Federal Government has justified  expending a whopping N1.15bn on the…

The Federal Government withdrew $1 billion from the Excess Crude Account (ECA) to fund security amid depleting oil revenue, an official said on Wednesday. Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed, made this…

Acting Accountant-General of the Federation (AGF), Mr. Anamekwe Nwabuoku, has declared that Nigeria was currently borrowing money to pay salaries. The Accountant-General of the Federation disclosed this at a retreat organised by the…

Senate President Ahmad Lawan has urged the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) to abort the planned protests against the Federal government's proposed removal of fuel subsidy, saying the move is “totally…

Anthony Iwuoma Senate President Ahmed Lawan has debunked reports that President Muhammadu Buhari has ordered the remove fuel subsidy. Sen. Lawan's stance, however, is at variance with that of Minister of Finance, Budget and National…

Governor Muhammadu Inuwa Yahaya of Gombe State has visited the Minister of Finance, Budget and National Planning, Hajia Zainab Shamsuna Ahmed, at her office, in Abuja.  The governor was accompanied by the Commissioner of Finance and…