In a significant stride towards enhancing healthcare delivery services in Nigeria, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun today joined a federal government delegation in Bauchi State to launch 10 major health infrastructure projects. This landmark initiative, part of President Bola Ahmed Tinubu’s Renewed Hope Agenda, aims to...
Category: Business
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FAAC:*FG, STATES, LGCs SHARE N1,358.075 TRILLION FROM A GROSS TOTAL OF N2,613.791TRILLION FOR THE MONTH OF JULY 2024
*The Federation Account Allocation Committee (FAAC), at its August 2024 meeting chaired by the HonourableMinister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, shared a total sum of N1,358.075 Trillion to the three tiers of government as Federation Allocation for the month of July, 2024 from a gross total of N2,613.791Trillion. From the...
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FG, STATES, LGCs SHARE N1,358.075 BILLION JULY 2024 REVENUE
A total sum of N1,358.075 billion July 2024 Federation Accounts Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue distribution was announced at the August 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja. The N1,358.075 billion total distributable revenue comprised distributable statutory revenue...
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BREAKING: NIGERIA MAKES HISTORY WITH $500 MILLION BOND LAUNCH: A BOLD STEP TOWARDS ECONOMIC TRANSFORMATION- EDUN
*In a groundbreaking move, the Federal Government of Nigeria has launched a $500 million domestic bond, marking a significant milestone in the country’s economic reform and development journey. The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, while unveiling the Series I USD500 Million Domestic FGN US Dollar Bond today...
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FG INAUGURATES TECHNICAL SUB-COMMITTEE ON NAIRA-BASED CRUDE SALES TO LOCAL REFINERIES*
In a significant step towards enhancing Nigeria’s refining capacity so as to promote economic growth and development of the country, the Federal Government has inaugurated the Technical Sub-Committee tasked with developing the framework for the sale of crude oil to local refineries in Naira. The Honourable Minister of Finance and Coordinating Minister of the Economy,...
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NGO CALLS FOR REMOVAL OF THE GCEO NNPCL, MELE KYARI.
 The non governmental organization has called for the protest for the removal of Mele kyari as the group chief executive officer of Nigerian National Petroleum Company Limited. While addressing journalists during the launching of a nationwide campaign to collect a million signatures in Abuja, the national spokesperson,Abubakar Yale alleged Mele kyari that the deduction...
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NIGERIA CUSTOMS SERVICE UNVEILSGUIDELINES FOR IMPLEMENTATION OF ZERO DUTY RATE ON SOME BASIC FOOD ITEMS
Drawing from the Presidential directives aimed at alleviating the hardship faced by Nigerians due to high prices of essential food items, the Nigeria Customs Service (NCS) is pleased to announce that His Excellency, the President of the Federal Republic of Nigeria Bola Ahmed Tinubu GCFR through the Honourable Minister of Finance and the Coordinating Minister...
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CHANGE OF BARTON: DIDI WALSON-JACK TAKES OVER FROM YEMI-ESAN
CHANGE OF BARTON: DIDI WALSON-JACK TAKES OVER FROM YEMI-ESAN– Commits to Fast Tracking Reforms in the Service Following the appointment and the swearing-in of the new Head of the Civil Service of the Federation (HoSF), Mrs. Didi Esther Walson-Jack, OON, mni by President Bola Ahmed Tinubu, GCFR at the Federal Executive Council meeting, yesterday, the...
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NNPCL Boss, Kyari Continues to Advocate For Onslaught Against Crude Oil Theft and Pipeline Vandalism.
*…Says NNPC Ltd Witnessing Improved Growth in Crude Production The Group CEO of NNPC Ltd., Mr. Mele Kyari, has called on the military to sustain the war against crude oil theft and pipeline vandalism saying the current onslaught against the menace has yielded improved growth in the nation’s crude oil production. GCEO, NNPC Ltd, Mr....
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FINANCE MINISTER LEADS STRATEGIC MEETING ON NNPCL CRUDE SALES IN NAIRA*
In a bold move to ensure the full implementation of the President Bola Ahmed Tinubu’s directive for the Nigerian National Petroleum Corporation Limited (NNPCL) to sell crude oil to local refineries in Naira, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has today in his office in Abuja met...