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Tag "Ministry of Finance"

Senate: 25 agencies withheld N1.6trn from FG

    Senate: 25 agencies withheld N1.6trn from FG

According to a report by the senate ad hoc committee, 25 government agencies failed to remit N1.695 trillion revenue to the consolidated revenue fund. The committee also disclosed that the Nigerian

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Works ministry gets N100bn Sukuk proceeds

    Works ministry gets N100bn Sukuk proceeds

The ministry of works, power and housing has received N100 billion proceeds from the Sukuk subscription. This comes nine working days after the subscription period of the non-interest bond. The

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Adeosun: Very soon, you will see the effects of our efforts

    Adeosun: Very soon, you will see the effects of our efforts

Kemi Adeosun, minister of finance, says there is an urgent need to reposition the federation account allocation committee for better performance through efficient management of resources. The minister said this

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The scam in Paris Club refund

    The scam in Paris Club refund

BY ACHILLEUS-CHUD UCHEGBU Everything about the Paris Club refund seems very shadowy. So far, the federal ministry of finance has shielded Nigerians from detailed information about the money it had

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REVEALED: FG plans 5-year jail term for celebrities who evade taxes

  REVEALED: FG plans 5-year jail term for celebrities who evade taxes

The federal government has fine-tuned plans to punish and possibly jail entertainers who evade taxes after the nine-month grace period

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CBN approves operating license for Devt Bank of Nigeria

  CBN approves operating license for Devt Bank of Nigeria

The Central Bank of Nigeria has approved the application for an operational license for the Development Bank of Nigeria to

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FG: Importation of drugs remains banned

  FG: Importation of drugs remains banned

The federal government says drugs, and other pharmaceutical products, are prohibited from being imported into Nigeria, and local manufacturers with

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Repaying $30bn loan won’t be difficult, says FG

  Repaying $30bn loan won’t be difficult, says FG

The debt management office (DMO), which is under the finance ministry, says Nigeria will easily repay the loan of $29.9

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We’ll pay only legitimate claims, says Adeosun in staff peace deal

  We’ll pay only legitimate claims, says Adeosun in staff peace deal

Kemi Adeosun, minister of finance, says her ministry will resolve and pay only legitimate claims made by workers, adding that

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FG ‘weeds 23,846 ghosts, saves N2.2bn monthly’

  FG ‘weeds 23,846 ghosts, saves N2.2bn monthly’

The ministry of finance says it has saved the federal government N2.293 billion by weeding out 23,846 ghost workers in

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