Vice President Kashim Shettima said the government is committed to repositioning and reforming BOA to drive the administration’s food security agenda. The post NCP meets, may merge BOA with NIRSAL appeared first on Premium Times Nigeria. Powered by WPeMatico
Nigerian govt targets $10bn investment in oil & gas sector
Nigerian Government aims to attract about $10 billion worth of investment by signing the consolidated guidelines for implementing Fiscal Incentives for the Oil & Gas Sector. A statement on Tuesday by the Ministry of Finance explained that the guidelines, a cornerstone of the Presidential Directives, are aimed at enhancing the Nigerian oil & gas sector’s […]
Nigeria eyes $2.25bn World Bank loan at 1% interest rate
Olam Agri reaffirms commitment to food security, meets Finance Minister
The latest engagement came on the heels of a courtesy visit to the Vice President of the Federation, Kashim Shettima and a tour of the agribusiness rice farm and mill by the Minister of Agriculture and Food Security, Abubakar Kyari. The post Olam Agri reaffirms commitment to food security, meets Finance Minister appeared first on […]
Nigerian govt eyes tax incentive measures to boost economy
Minister of Finance, Wale Edun, says the Nigerian Federal Government targets the reduction of the cost of tax expenditures to ensure that tax incentives positively impact the economy. Edun said this in a recent statement while giving details on merging the Incentive Monitoring and Evaluation Platform, IMEP, into the existing Import Duty Exemption Certificate, IDEC […]
FG reveals revenue received from MDAs in February
The Minister of Finance and Coordinating Minister of Economy, Wale Edun, has announced the earnings of government-owned entities, ministries, departments, and agencies in February. According to him, the revenue rose to N835.70 billion in February. There was a notable growth of N681.45 billion, representing a substantial 441.78% surge from the N154.25 billion remitted in the […]
IMF backs CBN’s decision on interest rate hike
Nigerian Govt was losing N400bn monthly to fuel subsidy – Finance Minister, Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says fuel subsidy was costing the Federal Government N400 billion monthly. Edun revealed this in an interview on Channels Television monitored by DAILY POST. DAILY POST recalls that President Bola Tinubu, during his inauguration, declared the end of the fuel subsidy era to […]
Hardship: Federal govt announces plan to restart direct cash transfer to Nigerians
The federal government of Nigeria says it has concluded plans to restart direct cash transfers to the poorest and most vulnerable Nigerians. The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, disclosed this during a ministry retreat on Wednesday in Uyo, Akwa Ibom State. The development comes amid the raging hardship millions […]
