Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, yesterday narrated how the federal government rejected a request by governors to borrow N50 billion from the Central Bank of Nigeria (CBN) to augment the revenue shortfall in March for distribution by the Federation Account Allocation Committee (FAAC), ThisDay reports. The minister, who featured on…
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President Muhammadu Buhari has ordered the immediate opening of four land borders. The borders are Seme in the southwest, Illela in Sokoto State, Maigatari in the northwest, and Mfun in the south-south. The announcement was made by the Minister of Finance, Zainab Ahmed at the end of the 28th virtual FEC meeting on Wednesday. The…
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The Federal Executive Council on Wednesday directed the Minister of Finance, Zainab Ahmed, to effect the payment of the N30,000 new national minimum wage on or before December 31, 2019. The FEC also approved that the payment of the new wage should take effect from April 18, 2019 The Minister of Labour and Employment, Chris…
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The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, says the Federal Government has resolved to recover N614bn loan facility from 35 states of the federation. The minister revealed this when she briefed State House correspondents on the outcome of the meeting of the National Economic Council, presided over by Vice-President Yemi Osinbajo,…
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President Muhammadu Buhari has approved the release of N20 billion to revitalize public universities in line with the demands of the Academic Staff Union of Universities, ASUU. The Minister of Finance, Zainab Ahmed, made this disclosure in Abuja on Monday 24th September 2018. According to reports, she explained that the money for the universities would…
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Nigeria’s former Minister of Finance, Kemi Adeosun who resumed office in 2015 stepped down on Friday, 14th September 2018 after owning up to parading a forged youth service scheme certificate. Her resignation caused a huge uproar among Nigerians; some tagged it one of the honourable steps any Nigerian politician have taken so far. However, the…
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Veteran Comedian, Alibaba took his Instagram to defend and give insights on the Minister of Finance, KemiAdeosun’s resignation over allegations of forged NYSC certificate. His post read, “Many people are getting the Kemi Adeosun NYSC matter wrong. She did not claim to have served. She came back to Nigeria when she had passed the age to serve. She…
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Following the resignation of the Minister of Finance, Kemi Adeosun, Nigerians on Twitter have been reacting to the said resignation. While some applauded her action and called it a dignified step, considering her lingering National Youth Service Corps certificate scandal, others are calling for her arrest and a refund of salaries received while in office. Adeosun…
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Minister of Finance, Kemi Adeosun, has reportedly resigned from the administration of President Muhammadu Buhari. According to Daily Trust, Adeosun resigned over allegations that she forged her National Youth Service Corps certificate and its effect on the President’s run for the 2019 election. It is however unclear, on when the resignation will take effect. Details soon….. For more…
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Nigeria’s Minister of Finance, Kemi Adeosun has been appointed by the United Nations into the investments Committee of the United Nations Joint Staff Pension Fund (UNJSPF). The Under-Secretary-General of United Nations, Jan Beagle, who confirmed Mrs. Adeosun’s appointment, disclosed that the Minister would serve a one-year term of office effective from January 1, 2018. “On…
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