The House of Representatives committee investigating the alleged sales of 48 million barrels of crude oil has summoned the Minister of Finance, Zainab Ahmed. The committee also summoned...
The Federal Government may begin a gradual removal of the petrol subsidy from April 2023, about three months ahead of the initial plan to effect a...
President Muhammadu Buhari yesterday ended uncertainty over the fate of his administration’s eighth appropriation, signing the bill containing some unreconciled and frivolous estimates, as transmitted by...
The minister of finance, Hajia Zainab Ahmed, has said that President Muhammadu Buhari’s administration has, over its lifetime, “dispersed N5.03 trillion and an additional 3.4 billion...
The House of Representatives’ Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2022, on Thursday, grilled the Minister of Finance, Budget...
The Minister of Finance, Zainab Ahmed, has put the projected daily payment for fuel subsidy at N18.39 billion. She stated this during an investigative hearing of...
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has explained the depletion of the Excess Crude Account (ECA), saying that it had not...
The Federal Government on Thursday projected to spend N6.7 trillion on petrol subsidy payments in 2023. Subsidy or under-recovery is the underpriced sales of premium motor...
The cost of servicing debt surpassed the federal government’s retained revenue by N310 billion in the first four months of 2022. The federal government said this...
The suspended Accountant-General of the Federation, Ahmed Idris, has been released on bail by the Economic and Financial Crimes Commission (EFCC). EFCC spokesperson, Wilson Uwujaren, confirmed...
The Accountant General of the Federation, Ahmed Idris, has been suspended indefinitely over alleged N80 billion fraud. He was suspended by the Minister of Finance, Budget...
The Director-General of the Debt Management Office (DMO), Patience Oniha, says the oversubscribed portion of the N250 billion, 2021 Sovereign Sukuk, which attracted N865 billion, was...
