ONLY the 144,766 federal civil servants under the Consolidated Public Service Salary Structure will benefit from the new 40 per cent peculiar allowance introduced by the Federal Government. This implies that other workers under the employment of the Federal Government but operating under different salary structures will not benefit. For …
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The House of Representatives’ Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2022, on Thursday, examined the Minister of Finance, Budget and National Planning, Zainab Ahmed, over payments of subsidy on Premium Motor Spirit (petrol) by the Federal Government. Zainab during presentation revealed that the …
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The House of Representatives has asked the Minister of Finance, Budget and National Planning, Zainab Ahmed, to provide it with all documents relating to subsidy claims from 2013 to date. Ibrahim Aliyu, chairperson of the special ad hoc committee investigating the petroleum subsidy regime, said this when Stephen Okon, Director …
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Minister of finance, budget and national planning, Zainab Ahmed has revealed why the $3.1 billion contract for automation of the operations of the Nigeria Customs Service (NCS) was rescinded. The contract was approved by the federal executive council (FEC) in 2020. Speaking with state house correspondents on Wednesday, the minister …
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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 …
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Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed has restated the constitutional role of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), on the monitoring of accruals and disbursements of revenue from the Federation Account, pointing that the powers of the commission as constitutionally stated do not relate …
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The nation’s finance minister, Zainab Ahmed, says the coronavirus pandemic and falling oil prices are set to force the economy into negative growth. Ms. Ahmed made the comments after the National Economic Summit meeting in Abuja on Thursday. “On the economy, COVID-19 has resulted in the collapse in oil prices,” …
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The National Assembly has said it is set to invite Federal Government officials and 17 local and international oil companies over the alleged indebtedness to the Niger Delta Development Commission to the tune of N72bn and $73m. The officials to appear before the joint Senate and House of Representatives Committee …
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