By Achadu Gabriel, kaduna Borno State Governor, Babagana Umara Zulum, has approved a two-year tax waiver for traders who were affected by the September 2024 flood disaster and Maiduguri Monday market traders. A statement Sunday by his media aide said, Zulum granted the waiver to ease financial burden and encourage business growth. “The devastating flood...
Category: Financial Report
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N57bn NPA Contract Saga: What Malami SA told me before 2023 handing over -Contractor Otokpa
By Achadu Gabriel, kaduna As the contract squarble lingered on, Mr. Emmanuel Otokpa, the main contractor awarded N57 billion contract in Nigeria Port Authority (NPA), has made another startling revelations, alleging that NPA moved the contract funds from Port Authority account to another account before the circular stopping movement of money from agencies accounts, when...
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NIGERIA COMMITS TO PROTECTING EDUCATION, WELCOMES GLOBAL EXPERTISE
The Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite has reaffirmed Nigeria’s commitment to protecting education, emphasizing that education is an investment, not expenditure. The Minister made this statement while receiving Michela Ranieri, Global Consultant for the Safe Schools Implementation Network, who paid her a courtesy visit in her office in Abuja. Education is...
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WALE EDUN CHAMPIONS GLOBAL ECONOMIC STABILITY, SUSTAINABLE DEVELOPMENT AT G20 SUMMIT
In a significant move to bolster Nigeria’s position in the global economy, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun hasreaffirmed the country’s commitment to global economic stability, sustainable development, and financial resilience. At a meeting with global international financial leaders at the G20 Finance Ministers and Central Bank...
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NIGERIA RECORDS 3.84% GDP GROWTH IN Q4 2024, FASTEST PACE IN THREE YEARS
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has applauded the latest Gross Domestic Product (GDP) figures released by the National Bureau of Statistics (NBS), showing Nigeria’s economy grew at its fastest pace in three years. According to the NBS report, GDP expanded by 3.84% year-on-year in the fourth...
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FG REAFFIRMS COMMITMENT TO CREATING CONDUCIVE ENVIRONMENT FOR PRIVATE SECTOR INVESTMENT
The Federal Government has reaffirmed its commitment to creating an enabling environment for the private sector-led investments to thrive in order to boost economic growth in the country The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, gave the assurance in his office in Abuja when he received Mr. Anil...
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WALE EDUN ADVOCATES KEY TAX REFORMS TO STRENGTHEN ECONOMY
The Federal Government’s efforts to strengthen Nigeria’s economy and promote inclusive growth took a significant step forward today, as the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, advocatedfor the passage of four key tax reform bills during a public hearing at the Senate building, Abuja The two-day session, organised...
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NIGERIA, BELGIUM STRENGTHEN ECONOMIC TIES TO BOOST FOOD SECURITY
In a bid to strengthen bilateral relations andexplore economic opportunities for the enhancement of Agriculture and Food Security in the country, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has met with the Belgian Ambassador, H.E Pieter Leenknegt The meeting, which held in his office in Abuja, focused on enhancing...
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FG CHARGES WORKERS TO UPHOLD HIGHEST STANDARDS OF DISCIPLINE IN THE CONDUCT OF GOVERNMENT BUSINESSES
The Federal Government has called on workers to always exhibit the highest standards of accountability, loyalty, and discipline in the conduct of government businesses. The Permanent Secretary, Federal Ministry of Finance, Mrs. Lydia Shehu Jafiya made the call today in her office in Abuja when she presided over the Ministry’s Senior Management Meeting (SMM). Mrs....
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NIGERIA, SAUDI ARABIA DEEPEN ECONOMIC TIES TO DRIVE INFRASTRUCTURAL DEVELOPMENT
In a major step toward strengthening economic cooperation, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has hosted a high-level delegation from the Saudi Fund for Development (SFD), led by its CEO, Mr. Sultan Al-Marshad. The meeting, which took place in his office in Abuja, also featured the presence of...