Minister of Finance

Finance Minister Criticises Moody’s Over Downgrade Rating

The Minister of Finance, Zainab Ahmed, has played down the importance of Moody’s downgrade after the rating agency rated the country’s credit status as a Caa1. Nigeria’s credit rating was B3 before Moody’s downgraded the status to Caa1 citing a weak business

February 3, 2023

Business

Finance Minister Likens Hardship Caused By Old Naira Deadline To Injury

The Minister of Finance, Zainab Ahmed, has described the current distress experienced by Nigerians due to the unavailability of the redesigned Naira as a sore that would eventually be cured. Ahmed said the Federal Government is worried about the struggle among Nigerians

February 2, 2023

Business·Oil & Gas

Finance Minister Reveals Why Buhari Is Handing Fuel Subsidy To Peter Obi, Others

The Minister of Finance, Zainab Ahmed, has revealed why the administration of President Muhammadu Buhari chose to delay the removal of fuel subsidy until the next administration. President Buhari had scheduled fuel subsidy removal for January 2022, but it was later postponed

January 18, 2023

Business

Nigeria Not Broke, Has Revenue Problem – Finance Minister, Zainab Ahmed

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has revealed that Nigeria is not broke, and has continued to generate revenue on a monthly basis. Although Ahmed admitted that the country is not earning enough. She cited oil revenue as

December 2, 2022

Business·News

Minister Of Finance, Zainab Ahmed, Addresses N206.39 billion Budget Padding Allegation

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has reacted to the allegation of budget padding after N206.39 billion appeared in the Ministry of Humanitarian Affairs’ budget without approval. Office of the Ministry of Humanitarian Affairs had stated that it

November 29, 2022

Business

Risk Of Banks’ Failure High, Threatens Depositors’ Funds – Finance Min. Zainab Ahmed

Nigerian banks risk failing after increase in social-economic challenges across the world, the Minister of Finance, Budget, and National Planning, Zainab Ahmed, has disclosed. Ahmed, during the 2022 International Association of Deposit Insurers (IADI) Africa Regional Committee workshop on Tuesday, said the high risk

October 5, 2022

Business

Buhari’s Minister, Zainab Ahmed, AfDB’s Adesina Clash Over Nigeria’s Debt Problem

The Minister of Finance, Zainab Ahmed, and the President of the Africa Development Bank (AfDB), Akinwumi Adesina, both disagreed over Nigeria’s debt situation. Both Ahmed and Adesina spoke about Nigeria’s over N42 trillion debt at the Nigeria International Economic Partnership Forum in

September 23, 2022

Business

Nigerian Gov’t Eyes N8.46 trillion Revenue for 2023, Finance Minister Defends Debt

Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed, said the Federal Government has projected generating N8.46 trillion revenue for 2023, with oil accounting for 22.4% of the earnings. According to Ahmed, oil-related sources will generate N1.9 trillion, while the federal

August 31, 2022

FG's Deficit Continues To Widen As DMO Oversells October Bond Auction

Business·Oil & Gas

House Of Reps Reveal Probe Demands, As Lawmakers Summon Finance Minister Over Subsidy Payments

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has been summoned by the House of Representatives, as the lawmakers begin to probe the subsidy regime. Ahmed was directed to appear before the Ad Hoc Committee investigating the fuel subsidy regime,

August 10, 2022

Govs Kick As AGF Malami, Finance Minister Seek FEC Approval For $428m Paris Club Refund To Four Contractors

News

Governors Kick As AGF Malami, Finance Minister Seek FEC Approval For $428m Paris Club Refund To Four Contractors

Nigeria Governors Forum (NGF) has raised the alarm over a purported attempt by the Attorney General of the Federation (AGF), Abubakar Malami and Honourable Minister of Finance, Zainab Shamsuna Ahmed to seek approval of the Federal Executive Council for a total sum

August 3, 2022

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Finance Minister Criticises Moody’s Over Downgrade Rating

Finance Minister Likens Hardship Caused By Old Naira Deadline To Injury

Finance Minister Reveals Why Buhari Is Handing Fuel Subsidy To Peter Obi, Others

Nigeria Not Broke, Has Revenue Problem – Finance Minister, Zainab Ahmed

Minister Of Finance, Zainab Ahmed, Addresses N206.39 billion Budget Padding Allegation

Risk Of Banks’ Failure High, Threatens Depositors’ Funds – Finance Min. Zainab Ahmed

Buhari’s Minister, Zainab Ahmed, AfDB’s Adesina Clash Over Nigeria’s Debt Problem

Nigerian Gov’t Eyes N8.46 trillion Revenue for 2023, Finance Minister Defends Debt

House Of Reps Reveal Probe Demands, As Lawmakers Summon Finance Minister Over Subsidy Payments

Governors Kick As AGF Malami, Finance Minister Seek FEC Approval For $428m Paris Club Refund To Four Contractors

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