finance minister – InfoStride News

Finance Minister Pledges Support for Private Sector, Meets Dangote

Temitope Nlewemchi — Wed, 23 Jul 2025 23:55:44 +0000

Nigeria’s Minister of Finance has reaffirmed the government’s commitment to supporting the private sector as a key driver of economic growth. In a high-level meeting with business magnate Aliko Dangote, the minister discussed strategies to improve the business climate, enhance investment opportunities, and strengthen collaboration between the government and private enterprises. During the meeting, the [...]

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Full-Text of Mrs Kemi Adeosun’s Resignation Letter as Nigeria’s Finance Minister

Ade Adewale — Fri, 14 Sep 2018 21:54:40 +0000

This is the full-text of Mrs Kemi Adeosun’s resignation letter to President Muhammadu Buhari on 14th September, 2018. His Excellency Muhammadu Buhari President, Federal Republic of Nigeria State House Aso Villa Abuja Dear Excellency, Let me commence by thanking you profusely for the honour and privilege of serving under your inspirational leadership. It has been a [...]

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Finance Minister Discloses FG, States, LGs Share N369bn For November 2015

Kunle Atiba — Wed, 23 Dec 2015 13:14:05 +0000

Nigeria’s Minister of Finance, Mrs Kemi Adeosun, on Tuesday, December 22, disclosed that N369.9billion was shared among the Federal, States and Local Governments for November 2015. She stated this when she addressed journalists on the outcome of the Federation Accounts Allocation Committee (FAAC) meeting in Abuja. She added that the amount comprised the month’s statutory revenue of [...]

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South African President Zuma Replaces Finance Minister For The 2nd Time In Four Days

AMA — Mon, 14 Dec 2015 09:12:32 +0000

The president of South Africa, Mr. Jacob Zuma, has replaced the country’s finance minister for the second time in four days, following criticism and market turmoil. Pravin Gordhan, who previously served as finance minister from 2009 to 2014, was appointed as the minister of finance on Sunday, replacing David van Rooyen, who had only been [...]

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Fuel Scarcity: Finance Minister Confirms Payment Of N407b Subsidy Claims To Oil Marketers

Ade Adewale — Sun, 13 Dec 2015 14:33:27 +0000

Nigeria’s Minister of Finance, Mrs. Kemi Adeosun has confirmed the payment of N407,076,805,386.30 as subsidy claims to oil marketers in an attempt to end the lingering fuel scarcity situation. She also conveyed President Buhari’s direction that the payments be made immediately, in order to bring to a quick end the lingering fuel crisis which has caused great suffering to [...]

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NUPENG Promises To End Fuel Scarcity Before Christmas

Wale Adebayo — Sat, 12 Dec 2015 20:27:18 +0000

National Union of Petroleum and Natural Gas Workers (NUPENG) is assuring that the current fuel scarcity will soon come to an end. The South-West Chairman of the union, Alhaji Tokunbo Korodo, disclosed in Lagos yesterday that massive loading of petroleum products is ongoing in different depots in Lagos and other parts of the country. Minister of Finance, [...]

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$2.2b Arms Deal: FG Should Probe Okonjo-Iweala – Governor Oshiomhole

Wale Adebayo — Thu, 10 Dec 2015 18:51:07 +0000

Edo State Governor, Comrade Adams Oshiomhole, has called on the Federal Government to probe former Finance Minister, Dr. (Mrs) Ngozi Okonjo-Iweala over her alleged involvement in the $2.2 billion arms deal. Oshiomhole made this known while speaking to State House correspondents after meeting behind closed doors with President Muhammadu Buhari at the Presidential Villa in Abuja, [...]

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Finance Minister Highlights How The Ministry Plan To Save $5bn Annually

Wale Adebayo — Wed, 02 Dec 2015 21:22:34 +0000

The Minister of Finance, Kemi Adeosun, has expressed optimism that the ministry under her watch can save Nigeria as much as $5 billion annually by blocking wastages in more than 450 government agencies, a strategy that will determine how well the Nigerian economy will cope under its slowest growth indices since 1999. The minister gave [...]

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Finance Minister Dismisses Stealing As Justification For Low Remuneration

Wale Adebayo — Wed, 02 Dec 2015 19:58:13 +0000

The Minister of Finance, Mrs. Kemi Adeosun has dismissed the justification of low remuneration by stealing. Speaking to journalists while inaugurating the Efficiency Unit, E-UNIT, in Abuja, on Monday, the minister wondered why any one would think low salary is enough justification to steal. “You can’t address low remuneration by stealing. Stealing is stealing and [...]

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Federal Government To Set Up $25bn Infrastructure Fund – Finance Minister

Wale Adebayo — Fri, 27 Nov 2015 23:28:08 +0000

Nigerian Government, yesterday, revealed plans to set up a $25 billion infrastructure fund to bridge the funding gap in infrastructure development in the country. The Minister of Finance, Mrs Kemi Adeosun, made the disclosure at the inauguration of the 10-year Capital Market Master Plan, Nigeria Investor Protection Fund (NIPF), and the launch of the Corporate [...]

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#Economy: Political tensions swirl around Turkish central bank

Ade Adewale — Wed, 28 May 2014 18:51:59 +0000

The Turkish central bank seemed close to being caught in cross-fire over its independence and interest rates on Wednesday when the finance minister came to its defence despite criticism from the prime minister. Last week the central bank, which had…

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Oil-rich Gulf states inch closer to implementing customs union

Adewale A. — Wed, 07 May 2014 18:13:26 +0000

The energy-rich Gulf states agreed Wednesday to resolve hurdles obstructing implementation of a long-delayed customs union, particularly revenue sharing, Kuwait's finance minister said. Leaders of the six-nation Gulf Cooperation Council have set January…

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Nigeria must reform oil sector – Ngozi Okonjo-Iweala

Ade Adewale — Thu, 13 Mar 2014 21:06:09 +0000

Nigeria must reform its oil sector to end decades of suspicion of widespread corruption and build up public trust, the country's finance minister said in an article published on Thursday. The minister, Ngozi Okonjo-Iweala, said that an investigation…

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