The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has attended the signing ceremony for MSM Cement Ltd’s Kebbi Cement Plant, a $3 million-tonne-per-annum facility set to drive Nigeria’s industrial growth. The project, expected to create 20,000 direct and 25,000 indirect jobs, is strategically positioned near the country’s border, enhancing...
Category: Economy
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WALE EDUN, BCDA CHART COURSE FOR BORDER DEVELOPMENT, ECONOMIC GROWTH
In a renewed commitment to ensuring border development and enhanced economic growth, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has met with the Border Communities Development Agency (BCDA), led by its Executive Secretary, Dr. George Kelly The meeting, which was held in his office in Abuja today, focused...
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NIGERIA’S ECONOMY GAINS INVESTOR ATTENTION IN BoA-LED MEETING
As Africa’s largest economy stands at the cusp of a new era of growth and development, one question that looms large is whether Nigeria was ready to unlock its vast potential and become the continent’s premier investment destination A significant step towards answering this question was taken today, as the Honourable Minister of Finance and...
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Minister of Interior Receives Award for Outstanding Service
The Minister of Interior, Dr. Olubunmi Tunji-Ojo, has been honoured with the Transformational Leadership Award for his outstanding service to Nigeria. The presentation was made when the Faculty of Communication and Media Studies of Bingham University, Keffi, led by Associate Professor Desmond Okocha, Dean of the Faculty, paid a courtesy visit to the Minister to...
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EDUN, GOPINATH BRAINSTORM ON ECONOMIC REFORMS, CREDIT RATINGS TO SPUR GROWTH
In a significant step towards strengthening Nigeria’s economic ties with the global community, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, today met with the First Deputy Managing Director of the International Monetary Fund (IMF), Gita Gopinath, in Abuja. The high-level discussions focused on economic reforms, private sector investment,...
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REMITTA NOT DITCHED, TO BE INTEGRATED INTO TMRAS – OAGF
The Office of the Accountant General of the Federation (OAGF) has clarified that the Federal Government has not discarded Remitta as the Central Bank of Nigeria (CBN) approved payment gateway. The OAGF explained that Remitta would rather be integrated into the Treasury Management and Revenue Assurance (TMRAS) alongside other eligible Payment Solution Service Providers (PSSPs)...
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FG URGES NIGERIAN WOMEN TO LEVERAGE CAPITAL MARKET FOR WEALTH CREATION
As the world celebrates International Women’s Day, the Federal Government has called on Nigerian women to explore investment opportunities in the capital market, emphasizing its potential as a strategic pathway to wealth creation. The Honourable Minister of State for Finance, Dr Doris Uzoka-Anite, made the call today in Abuja during the official launch of the...
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Borno Gov orders 2-year tax waiver for flood victims, others
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...
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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...