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Zainab Ahmed backs Ganduje’s plan to buy 540MW from QIPP

Zainab Ahmed backs Ganduje’s plan to buy 540MW from QIPP

The federal government, via the minister of finance, has backed the 540 megawatts Qua Iboe Power Plant (QIPP) proposed by the Kano state government for the re-industrialisation plan of the The post Zainab Ahmed backs Ganduje’s plan to buy 540MW from QIPP appeared first on TheCable.

Luxury tax, mega merger to shape 2019

Luxury tax, mega merger to shape 2019

Omodele Adigun As today ushers in a new year, we serve you the events that will likely shape this 2019 in the banking /finance terrain. The much-anticipated luxury tax is expected to take off any moment from now if hints from the Chairman of the Federal Inland Revenue Service (FIRS) , Mr. Babatunde Fowler, is […]
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FAAC: FIRS remits N4.63tr into federation account

FAAC: FIRS remits N4.63tr into federation account

Uche Usim, Abuja The Federal Inland Revenue Service (FIRS), remitted N4.63 trillion into the federation account between January and November this year, in line with its mandate as a major revenue generating agency of the country. The figure is contained in a document presented to the Ministry of Finance at the final Federation Account Allocation […]
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FAAC: Customs remits N653.47bn into federation account

FAAC: Customs remits N653.47bn into federation account

FAAC, headed by the Minister of Finance Mrs Zainab Ahmed, comprises Commissioners of Finance from the 36 States of the federation Uche Usim, Abuja The Nigeria Customs Service (NCS), remitted a total of N653.47 billion between January and November this year. NCS generates N100bn revenue monthly –Ali Details of the revenue flow are contained in […]
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Yachts, private jet owners to pay luxury tax from 2019

Yachts, private jet owners to pay luxury tax from 2019

Nigeria’s Minister of Finance Zainab Ahmed has said that owners of yachts and private jets in the country will begin payment of luxury items from 2019. Why Catholic leaders don’t own private jets – Archbishop Addressing a press conference in Abuja on Monday, the minister said excise duties would be introduced in some areas while […]
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Paris Club refund: FG puts total disbursement to states at $5.4bn

Paris Club refund: FG puts total disbursement to states at $5.4bn

Minister of Finance Mrs Zainab Ahmed said an additional N488 billion has been refunded to states to undertake Federal Government projects. Uche Usim, Abuja Federal Government said it has disbursed $5.4 billion to states from the Paris Club excess deductions refund. Minister of Finance Mrs Zainab Ahmed, who made the disclosure during the maiden quarterly […]
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$5.4bn spent on Paris Club refund to states – Minister

$5.4bn spent on Paris Club refund to states – Minister

Uche Usim, Abuja The Minister of Finance, Mrs Zainab Ahmed, on Monday disclosed that the Buhari administration has spent $5.4 billion to settle states’ Paris Club over deductions, $6.8 on Joint Venture Cash Calls and N1.9 trillion on Contractor/Export Expansion Grant (EEG), in its efforts toclear the debts and liabilities inherited from previous administration. Speaking at […]
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No hope for Nigerians with 2019 budget –Saraki

Ndubuisi Orji, Abuja The Senate President, Bukola Saraki, has said that the 2019 budget presented by President Muhammadu Buhari to a joint session of the National Assembly, on Wednesday, does not offer hope to anyone. Saraki, who is also the Director General, Peoples Democratic Party(PDP) Presidential Campaign Council, stated this, yesterday, in Abuja, at an […]
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FG releases N820b to MDAs from 2018 budget

FG releases N820b to MDAs from 2018 budget

Federal Government on Thursday announced the release of over N820.57 billion to Ministries, Departments and Agencies (MDAs) as a capital expenditure from 2018 Budget, saying that it would soon increase it to N1.1 trillion before the end of the year. Minister of Finance, Mrs Zainab Shamsuna Ahmed, who disclosed this, during the 2019 budget breakdown, […]
The post FG releases N820b to MDAs from 2018 budget appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …

N800bn subsidy arrears: Oil marketers say no agreement with FG as 7-day ultimatum lapses on Monday

N800bn subsidy arrears: Oil marketers say no agreement with FG as 7-day ultimatum lapses on Monday

NAN Oil marketers on Saturday said they did not reach any agreement with Federal Government on the N800 billion subsidy arrears, saying their ultimatum to cease depots operations on Monday remained unchanged. Mr Olufemi Adewole, Executive Secretary, Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), said in a statement in Lagos that offers by […]
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