minister of finance

A former minister of Education, Dr. Oby Ezekwesili, has reacted to the viral video purportedly showing her as embroiled in a fight with someone who looked like the Minister of Finance, Kemi Adeosun aboard a flight. The footage, showing someone with a striking resemblance with the former …...

The Federal Government has announced plans to use the recovered 322.5 million dollars Abacha loot to fund the Social Investment Scheme. According to the Minister of Finance, Kemi Adeosun, the investment will help address the health and education challenges affecting the poor and vulnerable...

Minister of Finance, Mrs Kemi Adeosun, has refused to approve the payment of $16.9 million fees to two lawyers for the recovery of Abacha loot worth $321 million. Adeosun also wrote a strongly-worded letter to President Muhammadu Buhari, raising objections to the payment. Meanwhile, the...

The Federation Account Allocation Committee (FAAC) yesterday shared N558 billion to the three tiers of government being revenue for the month of September 2017. Minister of Finance, Mrs Kemi Adeosun, said the gross statutory revenue of N423.961bn received for the month was lower than the...

Minister of Finance, Kemi Adeosun, said Tuesday that the federal government has received over 5,000 whistleblowing tips but only 365 were considered actionable. Since December 2016, when the policy was instituted in the country, the government said it had made first batch payment of N375.8...

The Nigerian economy is gradually coming out of its worst recession in years, the finance minister, Kemi Adeosun, has said. “Nigeria is coming out of recession; we are beginning to see the signs and we will come out to become stronger,” the News Agency of Nigeria quotes Mrs. Adeosun as saying...

The upward review of duties on imported products and goods by the Federal Government has raised prices of imported goods and products is causing patients and healthcare providers sleepless nights. Following the directive on Tax for medicaments by the Minister of Finance, Mrs. Kemi Adeosun to...

The Federal Government is set to recover about N450 billion operating surpluses that were not returned by 33 agencies from 2010 to 2015. The Minister of Finance, Kemi Adeousun, made the announcement on Thursday in Abuja at a news conference. She said that an audit had been carried out on the...

The Minister of Finance, Mrs Kemi Adeosun, on Thursday said that the balance of the excess crude account stood at 2.45 billion dollars. The crude balance for August stood at 2.91 billion dollars Adeosun, represented by the Permanent Secretary of the ministry, Mr Mahmoud Isa-Dutse said this in...

The Minister of Finance, Mrs Kemi Adeosun, on Tuesday in Abuja, said that the balance of the excess crude account stood at 2.91 billion dollars Mrs. Adeosun said N510.2 billion was shared among the federal, states and local governments as revenue realised in August. She made the disclosure...

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...

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...

State governments are rejoicing as the National Economic Council (NEC) meeting on Thursday suspended further deduction of state governments’ loans from their accounts maintained in the Federation Account. Many of the states have taken loans which are repaid through monthly deductions from funds...

The federal government has discovered another 11,000 ghost workers on its payroll in its second batch of staff audit. The Minister of Finance, Mrs. Kemi Adeosun, disclosed this yesterday at the end of a meeting of the Federal Executive Council presided over by President Muhammadu Buhari. She...

Minister of Finance, Kemi Adeosun yesterday told Senate Committee on Finance that the 23,000 ghost workers unravelled in the Federal Civil Service would be handed over to Economic and Financial Crimes Commission (EFCC). Speaking when she appeared before the committee, the Minister said banks...

President Muhammadu Buhari has appointed Mrs. Kemi Adeosun as the Minister of Finance. Adeosun succeeds Dr. Ngozi Okonjo-Iweala who is the immediate past Minister of Finance/Coordinating Minister of the Economy. Before her new appointment, Mrs. Kemi Adeosun was the Honourable State Commissioner...