After the resignation of Buhari’s former Finance Minister, Kemi Adeosun over National Youth Service Corps, NYSC certificate scandal, and now, with the news of another, the Minister of Communications, Mr. Adebayo Shittu being also embroiled in an NYSC certificate scandal, many Nigerians have taken to the micro-blogging site, Twitter, to show picture evidences of their […]
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In its first public reaction to the forgery allegation levelled against the Minister of Finance, Mrs. Kemi Adeosun, the Presidency, yesterday, said the allegations were unproven, noting that naysayers were bent on nailing her irrespective of investigations. The Presidency’s assertions were immediately dismissed by the opposition Peoples Democratic Party, PDP, which said the administration had […]
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The Federation Account Allocation Committee (FAAC), Friday shared the sum of ₦714.809 billion to the three tiers of government. The Minister of Finance, Mrs. Kemi Adeosun, who presided over the meeting said that ₦597. 975 billion came from earnings into the Federation Account, with the balancing coming from the Value Added Tax (VAT). Of the […]
Read More Socio-Economic Rights and Accountability Project (SERAP) has sued the Director-General, National Youth Service Corps (NYSC) Brigadier-General Sule Kazaure and the NYSC over “failure to publish specific documents and information on Minister of Finance Mrs Kemi Adeosun’s application for NYSC exemption, and seeking to compel them to explain if Adeosun obtained any Exemption Certificate from the […]
Read More After weeks of horse-trading over revenue underpayment by the Nigerian National Petroleum Corporation, the three tiers of government have finally received the sum of ₦668.8 billion as allocation for the month of May. The Director of Information, Federal Ministry of Finance, Mr Hassan Dodo, confirmed the release of the fund in a statement issued in […]
Read More The Federal Inland Revenue Service (FIRS) has raked in ₦2.529 trillion from various taxes from January to June 2018. The amount shows that the Service had realized 75% of its total target for the year, which is an improvement over what was realized at the corresponding period in 2017. A report on the revenue performance […]
Read More The Minister of Finance, Mrs Kemi Adeosun, on Wednesday explained why President Muhammadu Buhari had not given assent to the African Continent Free Trade Agreement, which is expected to increase intra-African trade by 52.3 per cent from the current 19 per cent. The Federal Executive Council had on March 14 approved that Nigeria should sign […]
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The Minister of Finance, Mrs Kemi Adeosun, will Wednesday, host the Investment Forum/Trade Exhibition of the African Export-lmport Bank (AFREXIMBANK), in Abuja. The Director of Information in the Ministry, Mr. Hassan Dodo, said in a statement, yesterday, that the event would be part of a series of activities lined up for the 25th Anniversary and […]
Read More The Minister for Finance, Mrs. Kemi Adeosun, says the Federation Accounts Allocation Meeting (FAAC) ended in a deadlock on Wednesday in Abuja, because the figures proposed by the NNPC were unacceptable. A statement issued by Mr Oluyinka Akintunde, her Special Advise, Media and Communications, said Adeosun gave this explanation on Thursday in Abuja, at the […]
Read More To reduce their exposure to huge indebtedness, the state governments can no longer borrow from the banks or the bond market without the express approval of the Minister of Finance acting on the advice of the Debt Management Office, investigation has shown. Already, no state government can contract external loans without the approval of the […]
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Mrs Kemi Adeosun, Minister of Finance, has succeeded in developing and implementing fiscal policies to curtail wastages in governance, thereby reducing fiscal leakages and boosting government’s non-oil revenue. Mr Oluyinka Akintunde, Special Adviser to Adeosun on Media and Communications, said this in a statement on Sunday in Abuja, on the achievements of the Minister since […]
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Stakeholders in the maritime industry have accused offcials of the Nigerian Customs Service (NCS) of extortion at the ports. The stakeholders which include importers, clearing agents and truck drivers allege that officials of NCS “extort” them and subject them to “second clearing.” The NCS has denied any such dealings, insisting that it is performing its […]
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