Zainab Ahmed

FG allocates N470bn for varsity revitalisation, lectures salary increase

The Federal Government has allocated N470 billion for university revitaliastion and salary increase for lecturers in the 2023 budget. Minister…

2 years ago

Nigeria will borrow less by blocking revenue leakages – Finance minister

Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria will borrow less and have more money to…

2 years ago

FG considering fresh borrowing from IMF – Finance minister

The Federal Government is considering tapping into the newly created fund by the International Monetary Fund (IMF) to cater for…

2 years ago

Senate rejects N6tn tax waivers in proposed 2023 budget

Senate Committee on Finance has opposed a N6 trillion tax and import duty waivers in the proposed 2023 budget. The…

2 years ago

Tougher times ahead as FG plans borrowing N11tn for 2023 budget

The Federal Government may borrow about N11.3 trillion to fund expenditure in the 2023 budget as the deficit is projected…

2 years ago

Nigeria’s oil revenue not enough to cover petrol import costs – Finance minister

Nigeria’s revenue being generated from its low oil production cannot cover the cost of imported petrol, Minister of Finance, Budget…

2 years ago

‘More expensive than subsidy?’ — Is FG’s N5,000 transport grant dead on arrival?

Zainab Ahmed, minister of finance, budget, and national planning, said on Tuesday that the federal government would remove fuel subsidy…

3 years ago

FG spent N2tn on debt servicing in six months – Finance minister

N3tn released for capital projects The Federal Government spent N2.02 trillion on debt servicing in the first six months of…

3 years ago

FG spends 97% of five-month revenue on debt servicing

The Federal Government has spent N1.8tn of N1.84tn revenue it generated for the five months (January-May 2021), on debt servicing.…

3 years ago

FG plans to spend ₦900bn on fuel subsidy in 2022

The Federal Government has projected to spend N900bn on fuel subsidy to be paid to oil marketers in 2022 in…

3 years ago