President Muhammadu Buhari will hand over N130 billion to Senate and the House of Representatives as part of the capital expenditure in the 2022 appropriation act. The N130 billion was raised from
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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
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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
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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
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Nigeria’s Finance Minister, Zainab Ahmed, has disclosed that the country’s fuel subsidy payment in six months will surpass the revenue earned from oil sources within 12 months. Ahmed said this at the
More 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
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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
More The Finance Minister, Zainab Ahmed, has asked the National Assembly to summon the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the redesigned naira notes. Ahmed said the central
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The Debt Management Office (DMO) has refuted claims that Nigeria plans to restructure its debt, stating that the Finance Minister of the country, Zainab Ahmed, was misquoted. Bloomberg had reported that Ahmed
More 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
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