Tag: Finance Minister
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$1.1bn ‘Green lmperative’ Loan ‘ll Create Jobs, Guarantee Food Security, Others – Finance Minister
The Minister of Finance, Zainab Shamsuna Ahmed, Thursday, stated that the $ 1 billion loan facility under the ‘Green Imperative’, which is one of the products of the diversification initiatives of the Federal Government will create massive jobs, food security, food self-sufficiency in all the 774 Local Government Areas of the nation. Ahmed stated this…
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We’re not aware of NNPC’s $3.5bn subsidy fund – Finance Ministry tells Senate
The Federal Ministry of Finance has denied knowledge of a $3.5 billion fund allegedly kept and utilised by the Nigeria National Petroleum Corporation (NNPC) for fuel subsidy. The Permanent Secretary, Mahmoud Isa-Dutse, gave the ministry’s position when he appeared before the Senate ad hoc committee probing the allegation in Abuja on Thursday. Mr Isa-Dutse’s claim…
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$8.1bn refund: MTN, other big businesses taking Nigeria for granted – Finance minister
The Minister of Finance, Zainab Ahmed on Tuesday said big businesses operating in Nigeria are taking the Federal Government and stipulated regulations for granted. Ahmed, who was responding to a question on the recent sanction that was imposed on MTN Nigeria Communications Limited by the Central Bank of Nigeria, while speaking during a session…
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Nigeria has revenue problems – Acting finance minister declares
The Acting Minister of Finance, Mrs. Zainab Ahmed, says Nigeria does not have debt problem because the country’s debt ratio to GDP is below the three per cent threshold set by the Fiscal Reasonability Act. She noted that the main challenge confronting the nation is revenue problem, saying that the nation lacks the revenue to…
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Buhari’s Finance Minister, Adeosun denies passing derogatory remarks on Igbos
The Minister of Finance, Mrs Kemi Adeosun has denied passing insulting statements on Igbos. TheNewsGuru.com reports that one Twitter user @RealMicahDavid had retwitted a statement alleged twitted by the minister suggesting her hatred for the igbos David twitted: I will keep poping up this hate speech by @HMKemiAdeosun the Nigeria minister until she defends herself.…