Despite the rising cost of Iiving which has pushed the majority of Nigerians into multidimensional poverty the Federal government has insisted that Nigeria is not broke. The Minister of Finance, Budget, and National Planning, Dr. Zainab Ahmed made the declaration at a news conference in Abuja to unveil the administration’s …
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Fuel Subsidy To End In 2023 – Finance Minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the Federal Government will do away with petroleum subsidy by June 2023. Ahmed said this on Tuesday in Abuja during a press conference to mark the end of the 28th National Economic Summit. The News Agency of …
Read More »We Have Spent Over ₦157 Billion On Second Niger Bridge So Far – Finance Minister
Nigeria’s Minister of Finance, Zainab Ahmed, said the Federal Government has spent over N157 billion on the construction of the 2nd Niger Bridge out of the initial cost of N206 billion. The Federal Government had reviewed the initial cost up to about N400 billion because of rising inflation. Mrs Ahmed …
Read More »BREAKING: Senate passes 2016 budget
The Senate has passed the 2016 budget, with an unprecedented reduction in the budget’s total. President Muhammadu Buhari presented a N6.08 trillion proposal in December 2015. The Senate passed N6,060,677,358,227 trillion budget after considering its conference report on the budget. It was the first time since 1999 that the …
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