FED GOVERNMENT EXPECTS $12 TRILLION IN GDP BY 2050.
The real Gross Domestic Product (GDP) of Nigeria is expected to reach $12 trillion by 2050, according to the Federal Government. The government intends to increase per capita income to…
FINANCE MINISTER: NIGERIA IS NOT POOR.
The FG has stated again that the nation is not insolvent and can pay its debts in the short, medium, and long timeframes. This was said by Mrs. Zainab Ahmed,…
N60bn Printing: Experts Disagree With CBN Gov
A former Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia, and a professor of Political Economy, Pat Utomi, have faulted the CBN Governor, Godwin Emefiele’s justification of…
NACCIMA Commends Planned Reopening Of Land Borders
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture has applauded plans by the Federal Government to reopen the nation’s land borders soon. The DG, NACCIMA, Amb Ayo…
Breaking: FG Okays Finance Bill
By Olamilekan Alani says no plan to increase tax Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed The Federal Executive Council on Wednesday approved the 2020 Finance Bill.…
Low Revenue A Threat To Budget
Low revenue will constrain the implementation of the 2020 budget, Minister of Finance. Budget and Panning Mrs Zainab Ahmed said on Thursday. She noted that 44 per cent of projected…
FG Admits Border Closure Cause Of Rising Inflation
The Federal Government has admitted that the closure of the country’s land borders is contributing to rising inflation. According to recent figures from the Nigeria Bureau of Statistics, the headline…
How FG will spend N915bn loan in power sector-minister
By Olamilekan Alani Despite spending N1.5trillion on the country’s power sector in the last two years, the Federal Government yesterday said it is in the process of investing a fresh…
FG Considers Excise Duty On Soft Drinks
The Federal Government is considering introducing excise duties on carbonated drinks, according to the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed. Ahmed gave the indication in an…
Minister Explains Reasons Nigeria Is Borrowing Another $3bn From World Bank —Ahmed
By Lukman Amusa The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said the $3bn loan being sought by the Federal Government from the World Bank would…
