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Zainab Ahmed

Next Level: Federal Government Increases Value Added Tax Rate To 7.2%

The Federal Executive Council, FEC, has approved an increase in value added tax, VAT, rate from 5 percent to 7.2% percent Zainab Ahmed, the minister...

$9.6 Billion Fine: EFCC, National Intelligence Agency, Police To Probe Gas Pipeline Deal

The Federal Government on Tuesday, August 27, 2019, said it had raised a joint panel to probe the $9.6 billion (N.2.946 trillion) fine imposed...

National Youth Corps Members To Earn New Minimum Wage

Zainab Ahmed, the minister of finance, says National Youth Service Corps members will receive the new minimum wage as allowance. Speaking on Thursday, May 15,...

Nigerian States To Receive Remaining N649.4 Billion Paris Club Refund

The federal government is set to disburse the sum of N649.4billion to states as their balance of the Paris Club debts refund. Zainab Ahmed, the...

CBN Dismisses Reports That Nigeria Heading Into 2nd Recession Under Buhari

The Central Bank of Nigeria, CBN, has on Tuesday, April 30, 2019, dismissed the alarm raised by governors that the economy may relapse into...

‘We Are Not Reckless’: Buhari Government Defends Obscene $24.7 Billion Borrowing

Zainab Ahmed, the minister of finance, says while government borrows to deliver on its promises, it was also mindful of rising debt burden, which...

Buhari Government Set To Borrow Another $1 Billion From World Bank

Zainab Ahmed, the minister of finance, has disclosed that the federal has commenced discussion with the World Bank with a view to take a...

Next Level Hardship: Buhari To Finally Remove Fuel Subsidy – Finance Minister

Zainab Ahmed, the minister of finance, says the Federal Government will look into gradual removal of fuel subsidy as part of strategies to boost...

Next Level! FG Reveals Plan To Increase VAT, Tax Luxury Items

The Federal Government of Nigeria has resolved to increase the Value Added Tax, VAT, on some luxury items and carbonated drinks during the year. Zainab...

Minimum Wage: FG Meeting With Labour Leaders Inconclusive

The meeting between the federal government and labour unions on Friday, January 4, 2019, ended without an agreement. The meeting was organised to prevent the...

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