The Minister of Finance, Mrs. Kemi Adeosun, has reiterated the Federal Government’s commitment to the global fight against the financing of terrorism in any form. Adeosun gave the assurance at an international conference against the financing of terrorism in Paris, France. The conference themed, “No money for terror”, was hosted by the French President, Emmanuel […]
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Indications emerged at the weekend as to why Finance Minister, Mrs. Kemi Adeosun and her counterparts in the ministries of Petroleum Resources and Budget & National Planning jettisoned the probe panel set up by the House of Representatives to investigate the secret payment of fuel subsidy. The Nation investigation revealed that Adeosun along with Ibe […]
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Recent controversies trailing the Nigerian capital market have forced many to query the safety of investments in the sector. They have also called to question the role of some regulators in ensuring investor confidence in the market. According to market stakeholders, these issues should be tackled thoroughly to restore confidence and ensure transparency in the […]
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Minister of Finance, Mrs. Kemi Adeosun, has disclosed that the $322,515,931.83 Abacha loot recovered from the Swiss government, and already domiciled with the Central Bank of Nigeria (CBN) will be channeled towards the Conditional Cash Transfer Programme (CCTP) of the National Social Investment Programme (NSIP). This is even as the Governor of CBN, Mr. Godwin […]
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In spite of the warning by the International Monetary Fund, IMF, that debt levels in African economies were rising, Minister of Finance, Mrs Kemi Adeosun on Friday said Nigeria’s debt level was still sustainable and under control. Speaking to newsmen on the sideline of the G20 Finance Ministers and Central Bank Governors meetings at the […]
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The House of Representatives has endorsed the suspension of the Director-General of the Securities and Exchange Commission, Mr. Mounir Gwarzo, by the Minister of Finance, Mrs. Kemi Adeosun. The House okayed the suspension after lawmakers on Wednesday considered and approved the recommendations of its Committee on Capital Market and Institutions. The committee, which is chaired […]
Read More The Honourable Minister of Finance, Mrs Kemi Adeosun has called on tax evaders or those who have not declared their income or pay taxes accordingly to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS) or face prosecution at its expiration on 31st March, 2018. She stated this during the Stakeholder Interactive Session […]
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The Minister of Finance, Mrs Kemi Adeosun, has unveiled plans by the Federal Government to invest ₦1.3 trillion annually to fix the the country’s dilapidated infrastructure. According to Adeosun, who disclosed this Tuesday in Abuja when a consortium of 20 international investors, led by a former Minister of Finance, Shamsudeen Usman, visited her, the initiative […]
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The Federal Government has accused oil companies of not paying stipulated gas flaring penalties, amounting to loss of revenue in billions of dollars into government coffers. Minister of Finance, Kemi Adeosun, said the companies are taking advantage of the wording in the legal framework which stipulates charges instead of penalties for gas-flaring. Speaking in Abuja, […]
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The Minister of Finance, Mrs. Kemi Adeosun, says the Federal Government now saves ₦15 billion annually since it created the Efficiency Unit (E-Unit) on November 25, 2015. In a report highlighting activities of her Ministry from December 2015 till date, Adeosun said E-Unit was established to ensure that all government expenditures are necessary and represent […]
Read More The United Nations has appointed Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, into the Investments Committee of the United Nations Joint Staff Pension Fund. A statement from the ministry on Sunday said the Under-Secretary-General of UN, Jan Beagle, confirmed Adeosun’s appointment. Beagle, according to the statement said that the finance minister would serve a one-year […]
Read More The Federal Government says it has generated over ₦3 trillion since the commencement of Treasury Single Account (TSA) policy. The Minister of Finance, Mrs. Kemi Adeosun, made the disclosure in a document to highlight the programmes of the ministry in the past 24 months. According to her, the government put its feet down to ensure […]
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