Tag: minister of finance

Aramco, Saudi's state-owned oil company, pledged to supply a record 12.3 million barrels a day from next month, more than ...

The committee’s responsibility will be to check how the dwindling price of crude oil caused by the outbreak will affect ...

According to details on oil data site, Brent crude sells presently at $35.42 while Nigeria’s Bonny light sold at $46.33 ...

The meeting, ongoing in the Federal Ministry of Finance headquarters in Abuja, was convened by the Minister of Finance, Budget ...

The international oil price has dropped to $52, below the budget benchmark of $57 per barrel.

Development projects will take the largest chunk of the NDDC budget with ₦306.5 billion.

The money is 9.63 per cent lower than the N716. 29 billion shared in December 2019.

The ministries are to defend their borrowing plan following President Muhammadu Buhari's external loan request.

The official said Nigeria had decided not to make any statement that would be "misinterpreted or misunderstood".

The new system with cut duty waiver processing time from 180 working days to five.

Government’s target is that the implementation of the Finance Bill will take effect from January 1, 2020

Revenue performance 81 per cent; expenditure 86.9 per cent.

Draft Finance Bill 2019 may be submitted to the president today for assent.

Justice Anwuri Chikere of the Federal High Court, Abuja, last week granted leave clearing the way for SERAP to advance ...

The government says it has a revenue generating challenge.

The president asked for $30 billion in 2016 but was turned down by the Senate.

The bill seeks to increase the value-added tax (VAT) from five per cent to 7.5 per cent, among others.

Finance minister confirmed the existence of ghost police officers on the government payroll.

"Whenever we release funds for capital projects, the Ministry of Power and the Ministry of Works and Housing are always ...

The minister also outlines gains Nigeria has made since it shut the borders.

The APC accuses the main opposition, PDP, of funding the "phoney contract."

She said that President Muhammadu Buhari did not want to approve the closure.

Mr Ngige says a committee was put in place to look at the different wage structures.

Some Nigerian lawmakers raise concerns on key aspects of the 2020 budget.

Mr Buhari says 85 per cent of all VAT revenues "will go to states and local governments."