kemi adeosun

Nigeria's finance Minister, Kemi Adeosun has disowned the twitter handle @MrsKemiAdeosun previously believed to be hers. A statement by her media aide, Festusn Akanbi, disowning the account read, - “The attention of the Honourable Minister of Finance, Mrs. Kemi Adeosun, has been drawn to a...

Nigeria's Minister of Finance, Kemi Adeosun, has declared that Nigeria is in the right hands despite hitting new lows. Read: Nigerian Economy Hits Worst Recession in Almost 3 Decades Speaking after the Federal Executive Council (FEC) meeting presided by President Muhammadu Buhari on Wednesday...

The Minister of Finance, Mrs Kemi Adeosun, on Thursday during the Federation Accounts Allocation Committee (FAAC) meeting said that the Excess Crude Account stood at 3.03 billion dollars as at August 25, 2016. Adesoun, was represented by the Permanent Secretary, Mr Mahmoud Isa-Dutse, explained...

Minister of Finance, Mrs Kemi Adeosun, on Thursday in Abuja said that N443.6 billion was shared among the Federal, States and Local Governments in July. The amount is 11 per cent less than the N559 billion that was distributed in June. Adeosun, who was represented by the Permanent Secretary...

Nigeria’s foreign continue to depreciate in the face of economic recession, low capacity oil production and dwindling revenue profile. As at August 17, 2016, the reserve stood at $25.209bn from about $30.837bn recorded on August 13, 2015. It represented about $5.628bn reflected in a year...

The Minister of Finance, Mrs Kemi Adeosun has called on the Islamic Development Bank (IDB) to support Nigeria in rebuilding the North Eastern part of the country ravaged by Boko Haram. She made the appeal on Monday in Abuja during the inauguration of the IDB Country Gateway office. Adeosun...

The Minister of Finance Mrs. Kemi Adeosun along with the President of the Islamic Development Bank (IsDB) Dr. Ahmad Mohamed Ali will formally inaugurate the Country Gateway Office (CGO) of Islamic Development Bank in Abuja today. A statement by Mr. Abdullah Kiliaki, the Director of the CGO...

Minister of Finance, Kemi Adeosun, during the Town Hall Meeting and Policy Dialogue on Good Governance in Abuja on Tuesday said that the current economic challenges Nigeria is facing would have happened anyway, regardless of whoever won the 2015 election. ''This mantra of change is a...

President Muhammadu Buhari-led federal government on Wednesday began the review of the National Tax Policy with the inauguration of a committee to carry out the exercise. The Minister of Finance, Mrs. Kemi Adeosun inaugurated the committee at the Ministry's headquarters in Abuja. She stated...

Minister of finance, Kemi Adeosun, says President Muhammadu Buhari-led federal government at this point, has no choice but to borrow in order to invest in the country's dying economy. Adeosun, while speaking at the town hall meeting in Abuja, yesterday, said the federal government is very...

The 251st edition of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting which begins today. The monetary team will meet to attend to the dying economy of the country as well as dwell on measures to halt the gradual slide into recession and rising inflation among...

The Minister of Finance, Mrs Kemi Adeosun, told the National Economic Council (NEC) yesterday that the Excess Crude Account stood at $3.93bn as at July 20, 2016. The account was $2.259bn in May. - Excess Crude Account Balance For May Adeosun, also said that the Federal Account Allocation...

Nigeria’s Minister of Finance, Mrs Kemi Adeosun is presently addressed the Senate on the state of the Nigerian economy, today. She spoke against the backdrop of the persistent fall of the naira against the dollar and the imminent economic recession; and the spike in inflation to 16.5 per cent...

Finance Minister, Kemi Adeosun has hinted that the federal government have directed the release of funds for the 2016 Rio Olympics. The minister said this while responding to questions on the monetary and fiscal policies adopted by the nation at the floor of the senate today. Adeosun noted...

Kemi Adeosun, Nigeria's finance minister today appeared before the senate. Read 10 Things Adeosun told the Senate : "Things are tough and We are not ignorant of that." "Nigeria is weathering the storm so far. We need the Public Procurement Law to be amended". ''I am not too worried about...

Minister of Finance, Kemi Adeosun, today at the hallowed Chamber of the National Assembly confessed to the senators that Nigeria is indeed “technically” in a recession. Adeosun said this while fielding quwstions from senators about the Nigerian economy. While fielding questions from senators...

The red chamber of the National Assembly was today thrown into rancor by the Minister of Finance when fielding questions from on the economic state of the country. Reacting to a question, the minister re-emphasized that the past governments have successfully killed the country’s economy right...

The Nigerian Senate Wednesday ordered the Minister of Finance, Mrs Kemi Adeosun, to appear before it before it goes on recess on Thursday. The Senate that just resumed few weeks after the Eid id Fitri two weeks break appears to be going on another recess today. This directive is coming after...

President Muhammadu Buhari-led federal government is to begin the restructuring and refocusing of the multi-billion Naira Youth Enterprise with Innovation in Nigeria (YouWin) programme. Consultations with beneficiaries and other stakeholders on the restructuring has started with the objective...

Only seven states have met requirements stipulated to access N90bn conditional loan facility by the Federal government. According to PUNCH, a top government official stated that documents of the states that had applied for the loan facility were being reviewed by the Federal Government. The...