Smugglers responsible for High Price of Rice – Finance Minister
The Minister of Finance, Zainab Ahmed has linked the soaring price of rice in Nigeria to the activities of smugglers in the country. Speaking in an interview, the minister explained...
Tagged: Zainab Ahmed
FG spent N2trn on debt servicing in six month – Minister of Finance, Zainab Ahmed
The Minister of Finance, Zaina Ahmed, says the federal government has spent N2.02 trillion on debt servicing within the first six months of 2021 (January-June). The Cable reports that the Minister disclosed...
Dwindling revenue: FG may slash workers’ salaries
Workers may see their salaries slashed as the Federal Government has proposed the move in a bid to reduce the high cost of governance in the West African nation. This...
Buhari Finally Orders Immediate Reopening Of Seme, Maigatari, Ilela And Mfun Borders
President Muhammadu Buhari has ordered the immediate reopening of four main borders; and that the remaining borders that were closed down should be reopened before the end of December 31....
Nigeria Will Exit Recession Soon – Finance Minister, Zainab Ahmed Reveals
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has stated the current recession faced by the country at the moment will only last for a short period of...
Federal Government to borrow N285billion from World Bank
The Federal government says it is planning to borrow $750 million from the World bank for some states to stimulate local economies in Nigeria. Minister of Finance, Budget, and National...
Nigeria’s debt may jump by N6trn in 2021 to hit N38trn – Zainab Ahmed
Minister of finance, budget and national planning, Zainab Ahmed, has projected that Nigeria’s debt profile would hit N38.68 trillion by December 2021. She made this projection during her appearance before...
Federal Government seeks fresh $1.2bn loan from Brazil
The Federal Government has approached the National Assembly to seek approval for a fresh $1.2 billion agricultural loan from Brazil. The Minister of Finance, Budget, and National Planning, Zainab Ahmed...
We have failed our children – Minister of Finance, Zainab Ahmed
Minister of Finance, Budget and National Planning, Zainab Ahmed, has raised of alarm of parents failing their children. Speaking during a stakeholders’ engagement with 77 district heads, religious and community...
Nigeria will go into recession if COVID-19 continues beyond Six Months – Finance Minister, Zainab Ahamed
Zainab Ahmed, Nigeria’s Minister of Finance, has said the country will go into recession if the Coronavirus pandemic persists longer than six months. She made this known when she appeared...
VAT Increase takes effect from February 1st – FG tells Nigerians
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Thursday, January 16 announced that the increased Value Added Tax (VAT) from 5 to 7.5 per cent will...
DSS arrests man for creating, sharing Fake Video depicting President Buhari’s Wedding to Minister of Finance, Zainab Ahmed
A 32-year-old man, Kabiru Mohammed, has been arrested by men of the Department of State Services DSS for creating and sharing fake videos depicting President Buhari’s marrying the Minister of Finance,...
We would soon increase VAT on Carbonated Drinks, others – Finance Minister, Zainab Ahmed says
Two days after an increase in Minimum wage was announced, the Federal government has announced plans to also increase Value Added Tax. Minister of Finance, Zainab Ahmed, announced this at the...