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Ministry of Finance

Sports, Finance Ministries Collaborate On National Sports Industry Policy


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Nigeria's Minister of Youth and Sports Development, Sunday Dare and the Minister of Finance Zainab Ahmed, have constituted the Technical Committee to work on the specifics of the incentives package approved in the National Sports Industry…

Reps summons finance minister over subsidy payment


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The Ad-hoc Committee of the Nigerian House of Representatives investigating oil subsidy payments between 2013 and 2022, has summoned the Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed, to appear before it on Tuesday,…

Nigeria’s economy, poised for stable growth – Finance Minister


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Nigeria’s Finance Minister, Zainab Ahmed says the recent exit of the country’s economy from recession is a key indicator that it is poised for stable and consistent growth. She further said this shows that the diversification…

COVID-19 Vaccine: Nigerian government releases N10bn for domestic production


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The Ministry of Finance has released N10 billion to support domestic vaccines production to tackle COVID-19 pandemic in the country. The Minister of Health, Dr Osagie Ehanire, made the disclosure at the Presidential Task Force (PTF)…

No Petrol, Electricity subsidy in 2021 – Nigerian government


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The Federal Government insists that it will go ahead with its policy on the removal of subsidy on Premium Motor Spirit (Petrol) and electricity with no provision made in the 2021 budget for their subsidy. The Minister of Finance, Budget…

Nigerian government borrowed N2.8trn in 2020 – Minister


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The Central Bank of Nigeria (CBN) gave support loans amounting to N2.8 trillion to the Federal Government in 2020. This follows the Government’s failure to meet its revenue targets due to the impact of the fall in oil prices and covid-19…