Federal Ministry of Finance

The Federal Ministry of Finance has recovered N57 billion out of the N5.2 trillion Aggregate recovery in 10 Ministries, Departments, and Agencies of the federal government on the Project Light House Programme. This was achieved through the…

In the first two months of this year, Nigeria recorded -N931 billion in fiscal deficit, highlighting the severe pressures on the government. The Central Bank of Nigeria's (CBN’s) latest monthly economic report shows that the federal…

The Federal Government is seeking partnership with Civil Society Organisations across the country to sustain fiscal reforms initiated under the $1.5bn World Bank-Assisted States Fiscal Transparency Accountability and Sustainability (SFTAS)…

The Chief Executive Officer (CEO) of Centre for the Promotion of Private Enterprise (CPPE), Muda Yusuf has asked the Central Bank of Nigeria (CBN) to withdraw from all trade policies and leave them to the assigned agencies and…

The Federal Ministry of Finance, Budget, and National Planning has voted the sum of N179,232,388 for the maintenance and fueling of its generators in 2021. The details of the ministry's allocation for its generators are contained in the…

The suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, says some of the vehicles recovered by the EFCC were auctioned to the Presidential Villa, the Ministry of Humanitarian Affairs, Disaster Management…

BARBARA Abuja, Abuja The Ministry of Finance has announced that the new excise duty rates approved by President Muhammadu Buhari on alcoholic beverages and tobacco were not targeted at local manufacturers. In a statement signed by the…

The Kaduna State Internal Revenue Service (KDIRS) said on Thursday, that the state government generated more than N200 million from the Voluntary Assets and Income Declaration Scheme (VAIDS) in nine months. Alhaji Mukhtar Ahmed,…

Fearing forfeiture of their assets in the United Kingdom over the new law on Unexplained wealth, inquiries via telephone calls from Nigerians who own property in the country have grown alarmingly, seeking extension of time to complete…