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Tag "Zainab Ahmed"

Senate to summon finance minister over N1.7trn power intervention funds

    Senate to summon finance minister over N1.7trn power intervention funds

The senate committee on power says it will invite Zainab Ahmed, minister of finance, to explain how close to N2 trillion injected into the power sector was spent. Speaking at

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Zainab Ahmed: Nigeria’s economy is heading towards a recession

    Zainab Ahmed: Nigeria’s economy is heading towards a recession

Zainab Ahmed, the minister of finance, budget and national planning, says the economy is heading towards a recession. However, Ahmed projected that the extent of the recession can be mitigated

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FEC increases revised 2020 budget by N318bn

    FEC increases revised 2020 budget by N318bn

The federal executive council (FEC) has approved an increase in the size of the revised 2020 budget by N318 billion from N10.276 trillion to N10.523 trillion. The total budget size

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COVID-19 donations to be spent via supplementary budget

    COVID-19 donations to be spent via supplementary budget

The ministry of finance has approved a framework for the use of private sector COVID-19 donations via a supplementary budget.  The national assembly had asked the federal government to make

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‘It’s a loan’ — Zainab Ahmed clarifies IMF’s $3.4bn facility

  ‘It’s a loan’ — Zainab Ahmed clarifies IMF’s $3.4bn facility

Zainab Ahmed, the minister of finance, says the $3.4 billion credit facility approved for Nigeria by the International Monetary Fund

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Oronsaye report: Buhari asks SGF, HoS to scrap, merge some agencies

  Oronsaye report: Buhari asks SGF, HoS to scrap, merge some agencies

President Muhammadu Buhari has approved the implementation of a report submitted by the presidential committee on restructuring and rationalization of

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FG slashes N312bn off capital projects in 2020 budget

  FG slashes N312bn off capital projects in 2020 budget

The federal government has slashed N312 billion from projects approved in the 2020 budget. This is in view of reduced

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FG consults national assembly over 2020 budget revision

  FG consults national assembly over 2020 budget revision

Zainab Ahmed, the minister for finance, budget and national planning, is consulting the national assembly for the revisions to be

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COVID-19: World Bank approves FG’s $82m request for NCDC

  COVID-19: World Bank approves FG’s $82m request for NCDC

The World Bank Group has approved the release of $82 million to the Nigerian Centre for Disease Control (NCDC) as

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Engage 774k Nigerians, share rice seized by customs… FG’s COVID-19 stimulus package

  Engage 774k Nigerians, share rice seized by customs… FG’s COVID-19 stimulus package

Zainab Ahmed, the minister of finance, budget and national planning, announced the fiscal stimulus measures to be carried out by the federal

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