The Accountant General of the Federation, Mr Shamseldeen Ogunijmi has expressed his readiness to ensure the successful passage of the Public Financial Management Bill. Mr Ogunijmi stated this during a meeting with the Director General of the Bureau of Public Service Reforms (BPSR), Dr Dasuki Arabi who led a team from the Agency on a...
Category: Business
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FG, PROPCOM+ JOIN FORCES TO TRANSFORM NIGERIA’S AGRICULTURAL SECTOR, ECONOMIC GROWTH
In a significant step towards boosting Nigeria’s agricultural sector and driving economic growth, the Federal Government has expressed its commitment to partnering with Propcom+, a UK Aid-funded programme, to enhance agricultural productivity and improve livelihoods. This initiative was underscored when the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, received...
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FG Commissions 3,200 MLD Gashua Water Supply Scheme in Yobe State
The Federal Government, in its sustained effort to fulfill its mandate in the water sector, particularly in addressing numerous water supply challenges, has continued to scale up its commitment to providing potable water to all Nigerians. This commitment was clearly demonstrated today, Tuesday, 6th May 2025, as the Federal Government, through the Federal Ministry of...
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FG SET TO PAY WAGE AWARD ARREARS
The Federal Government is set to pay the outstanding five months N35,000 wage award arrears to federal government workers. The Office of the Accountant General of the Federation (OAGF) made this known in a statement issued in Abuja. The OAGF explained that the Federal Government had earlier paid five months wage award to federal government...
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AVIATION MINISTRY, NIGERIAN AIR FORCE TO STRENTHEN PARTNERSHIP IN HUMAN RESOURCE, SAFETY, DEFENCE AND CAPACITY BUILDING.
The Permanent Secretary, Ministry of Aviation and Aerospace Development, Dr. Ibrahim Abubakar Kana, mni has expressed the Ministry’s readiness to strengthen partnership with the Military, particularly the Air Force. He made this statement while receiving the Chief of Air staff, Air Marshal HB Abubakar in his office today, 25th April, 2025. Abubakar noted with concern...
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*FG, World Bank Join Forces to Encourage Job Creation and Digitally Empower Young Nigerians
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has affirmed that the Federal Government is working closely with the World Bank to advance a shared agenda focused on creating high-quality jobs for young Nigerians. Speaking to journalists in Washington D.C. on the sidelines of the World Bank/IMF Spring Meetings,...
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INVESTOR CONFIDENCE IN NIGERIA DEEPENS AS RENAISSANCE CAPITAL VISITS FINANCE MINISTER
Nigeria’s economic growth prospects continue to gain momentum, as the country’s reform trajectory and improving macroeconomic fundamentals attract growing interest from international investors. In a high-level meeting between the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the CEO of Renaissance Capital Africa Investors, Samuel Sule held in his...
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NIGERIA’S DOMESTIC DOLLAR BOND ISSUE WINS WEST AFRICA DEAL OF THE YEAR AWARD
Nigeria’s first-ever domestic US dollar bond has been named West Africa Deal of the Year at the 2025 Global Banking & Markets Africa Awards, following a highly successful issuance that raised $917 million. Announced by the Debt Management Office (DMO) on August 19, 2024, the bond initially targeted $500 million but was oversubscribed by 180%....
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IMF BACKS NIGERIA’S SINGLE WINDOW TRADE PROJECT AMIDS ECONOMIC REFORMS
Nigeria’s quest for economic greatness has received a significant boost as the International Monetary Fund (IMF) has indicated its support for the Single Window Trade Project, a groundbreaking initiative poised to streamline trade, increase revenue, and propel the country to the forefront of African economies. The IMF’s intention of support was indicated during a meeting...
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PRESIDENT TINUBU APPOINTS MRS LYDIA SHEHU JAFIYA TO NNPC LIMITED BOARD AS FINANCE REPRESENTATIVE
In a significant move to reconstitute the Nigerian National Petroleum Company (NNPC) Limited Board, President Bola Ahmed Tinubu has appointed Mrs Lydia Shehu Jafiya mni, Permanent Secretary, Federal Ministry of Finance, as a member of the new Board. This appointment is part of a broader restructuring effort aimed at enhancing operational efficiency, restoring investor confidence,...