Minister of Finance – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Mon, 08 Jan 2024 09:18:05 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Minister of Finance – InfoStride News https://www.theinfostride.com 32 32 Human Rights Activist Urges President Tinubu to Investigate and Suspend Minister Betta Edu https://www.theinfostride.com/human-rights-activist-urges-president-tinubu-to-investigate-and-suspend-minister-betta-edu/ https://www.theinfostride.com/human-rights-activist-urges-president-tinubu-to-investigate-and-suspend-minister-betta-edu/#respond Sun, 07 Jan 2024 21:00:41 +0000 https://www.theinfostride.com/?p=366675 Human Rights Activist Urges President Tinubu to Investigate and Suspend Minister Over Financial Misappropriation Allegations Renowned human rights activist Deji Adeyanju has called on President Bola Tinubu to take decisive action against the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, if found guilty of financial misappropriation. Adeyanju emphasized the need for a transparent [...]

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]]> https://www.theinfostride.com/human-rights-activist-urges-president-tinubu-to-investigate-and-suspend-minister-betta-edu/feed/ 0 Nigeria now ranks among the top investment destinations, alongside China and India- Wale Edun https://www.theinfostride.com/nigeria-now-ranks-among-the-top-investment-destinations-alongside-china-and-india-wale-edun/ https://www.theinfostride.com/nigeria-now-ranks-among-the-top-investment-destinations-alongside-china-and-india-wale-edun/#respond Wed, 11 Oct 2023 20:43:48 +0000 https://www.theinfostride.com/?p=356705 Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, recently made a significant announcement regarding the country’s position as a highly sought-after investment destination. According to his statement delivered during an interview with journalists in Marrakech, Morocco, as part of the ongoing 2023 World Bank/International Fund (IMF) Annual Meetings, Nigeria has [...]

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]]> https://www.theinfostride.com/nigeria-now-ranks-among-the-top-investment-destinations-alongside-china-and-india-wale-edun/feed/ 0 Nigeria to invest $2.7 billion loan in power infrastructure https://www.theinfostride.com/nigeria-to-invest-2-7-billion-loan-in-power-infrastructure/ https://www.theinfostride.com/nigeria-to-invest-2-7-billion-loan-in-power-infrastructure/#respond Sat, 26 Mar 2022 23:21:13 +0000 https://www.theinfostride.com/?p=321477 The Federal Government is spending nothing less than $2.7 billion on power infrastructure, Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, has said. The fund, which the country is currently awaiting consensus for it to become operational, is part of a $3.387 billion loan agreement expected to execute 10 projects across the country. [...]

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]]> https://www.theinfostride.com/nigeria-to-invest-2-7-billion-loan-in-power-infrastructure/feed/ 0 Subsidy severely draining Nigeria’s economy says Minister of finance https://www.theinfostride.com/subsidy-severely-draining-nigerias-economy-says-minister-of-finance/ https://www.theinfostride.com/subsidy-severely-draining-nigerias-economy-says-minister-of-finance/#respond Tue, 16 Nov 2021 18:43:26 +0000 https://www.theinfostride.com/?p=312867 Minister of finance, budget and national planning, Mrs Zainab Ahmed, has established petroleum under-recovery popularly known as fuel subsidy as a major drain on the nation’s economy, which ought to have been totally removed from the system to free up money for critical sectors like health and education. She said, “It is a major waste, [...]

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]]> https://www.theinfostride.com/subsidy-severely-draining-nigerias-economy-says-minister-of-finance/feed/ 0 Federal Executive Council Approves Finance Bill https://www.theinfostride.com/federal-executive-council-approves-finance-bill/ https://www.theinfostride.com/federal-executive-council-approves-finance-bill/#respond Mon, 23 Nov 2020 09:26:46 +0000 https://www.theinfostride.com/?p=275397 The Federal Ministry of Finance, Budget, and Planning has announced that the Federal Executive Council has given its approval to the 2020 finance bill. The 2020 finance bill is pivotal for effecting the 2021 budget.   The Federal Ministry of Finance, Budget, and Planning has announced that the Federal Executive Council has given its approval [...]

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]]> https://www.theinfostride.com/federal-executive-council-approves-finance-bill/feed/ 0 2,500 Whistle-Blowers Have Given Us Tips – Kemi Adeosun https://www.theinfostride.com/2500-whistle-blowers-have-given-us-tips-kemi-adeosun/ Wed, 17 May 2017 22:28:07 +0000 http://www.theinfostride.com/?p=165258 The Minister of Finance, Kemi Adeousn has said that the FG has received 2,500 tips from whistle-blowers. Adeosun said this on Tuesday, May 16, 2017, at a town hall meeting in Abuja organised to showcase the achievements of the Buhari administration. The minister also said not all the whistle-blowers want rewards, adding that some volunteered [...]

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]]> FG, States, LGs Shared N420bn In October – Kemi Adeosun https://www.theinfostride.com/fg-states-lgs-shared-n420bn-in-october-kemi-adeosun/ Thu, 24 Nov 2016 11:25:02 +0000 http://www.theinfostride.com/?p=149146 The Minister of Finance, Mrs Kemi Adeosun, on Wednesday in Abuja said N420 billion was shared in October among the Federal, States and Local Governments. Adeosun told newsmen that same amount was shared in September. She said that N6.3 billion was refunded to the federal government by Nigerian National Petroleum Corporation (NNPC). The net statutory [...]

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]]> PDP Under Jonathan Squandered Nigeria’s Resources – Governor Oshiomhole https://www.theinfostride.com/pdp-under-jonathan-squandered-nigerias-resources-governor-oshiomhole/ Sun, 20 Dec 2015 16:04:16 +0000 http://www.theinfostride.com/?p=114109 Governor Adams Oshiomhole of Edo State, on Saturday, said that the Peoples Democratic Party (PDP) under President Goodluck Jonathan squandered the resources of the country. However, he pointed out that things have changed positively since the coming of President Muhammadu Buhari, although it will take time “to clean up the mess of the past”. “For [...]

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]]> Balance Of The Abacha Loot Stands At $26m And £19 Million – FG https://www.theinfostride.com/balance-of-the-abacha-loot-stands-at-26m-and-19-million-fg/ Fri, 18 Dec 2015 14:38:05 +0000 http://www.theinfostride.com/?p=113600 Nigerian Government, yesterday, December 17, declared that the balance of the Abacha loot stands at $26m and £19 million. The announcement was made at the end of the National Economic Council (NEC) meeting, presided over by Vice President, Prof. Yemi Osinbajo, at the Presidential Villa in Abuja. The late military dictator, General Sani Abacha, is believed [...]

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]]> Nigerian Government Set To Control MDAs’ Spending https://www.theinfostride.com/nigerian-government-set-to-control-mdas-spending/ Tue, 15 Dec 2015 09:04:21 +0000 http://www.theinfostride.com/?p=112812 The Minister of Finance, Mrs Kemi Adeosun has issued a circular on the guidelines regarding budgeting, revenue and expenditure aimed at ensuring that federal government Ministries, Departments, and Agencies (MDAs) remit revenue and generate operating surpluses which by law ought to be credited as Consolidated Revenue Fund (CRF). According to the report from the Publicity [...]

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]]> Fuel Scarcity: Finance Minister Confirms Payment Of N407b Subsidy Claims To Oil Marketers https://www.theinfostride.com/fuel-scarcity-finance-minister-confirms-payment-of-n407b-subsidy-claims-to-oil-marketers/ Sun, 13 Dec 2015 14:33:27 +0000 http://www.theinfostride.com/?p=112451 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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]]> Arms Procurement Fund: Okonjo-Iweala Insists What She Did Was In The Best Interest Of Nigeria https://www.theinfostride.com/arms-procurement-fund-okonjo-iweala-insists-what-she-did-was-in-the-best-interest-of-nigeria/ Sat, 12 Dec 2015 12:11:07 +0000 http://www.theinfostride.com/?p=112187 The immediate past Minister of Finance, Dr Ngozi Okonjo-Iweala, yesterday, insisted she was not guilty of any crime in the ongoing probe on the multi-billion dollar arms procurement deal, as everything she did was to protect the interest of Nigeria. In a statement by her spokesperson, Mr. Paul Nwabuikwu, the former minister also alleged that [...]

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]]> Public Fund Looting: Okonjo-Iweala Must Be Brought To Justice – Governor Oshiomole https://www.theinfostride.com/public-fund-looting-okonjo-iweala-must-be-brought-to-justice-governor-oshiomole/ Sat, 12 Dec 2015 11:23:37 +0000 http://www.theinfostride.com/?p=112138 Governor Adams Oshiomhole of Edo State, yesterday, alleged that former Minister of Finance, Dr. Ngozi Okonjo-Iweala, helped the past administration to loot funds. Oshiomhole, who was the guest speaker at a dialogue session that was co-organised by the National Human Rights Commission (NHRC) and the Nigerian Bar Association (NBA) in Abuja, yesterday, to commemorate the [...]

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]]> How Okonjo-Iweala Illegally Approved Transfer Of At Least N61.4bn Abacha Loot To NSA – Report https://www.theinfostride.com/how-okonjo-iweala-illegally-approved-transfer-of-at-least-n61-4bn-abacha-loot-to-nsa-report/ Thu, 10 Dec 2015 18:05:22 +0000 http://www.theinfostride.com/?p=111694 The immediate past Minister of Finance, and Co-ordinating Minister for the Economy, Dr Ngozi Okonjo-Iweala, was said to have illegally approved the transfer of at least N61.4 billion ($300 million and £5.5 million) from funds recovered from late dictator, Sani Abacha, to the Office of the National Security Adviser (NSA), Col. Sambo Dasuki (rtd), few [...]

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]]> Finance Minister Highlights How The Ministry Plan To Save $5bn Annually https://www.theinfostride.com/finance-minister-highlights-how-the-ministry-plan-to-save-5bn-annually/ Wed, 02 Dec 2015 21:22:34 +0000 http://www.theinfostride.com/?p=110069 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 https://www.theinfostride.com/finance-minister-dismisses-stealing-as-justification-for-low-remuneration/ Wed, 02 Dec 2015 19:58:13 +0000 http://www.theinfostride.com/?p=110008 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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]]> Niger-Delta Group Slams Adeosun Over Looted Funds Gaffe, Says President Buhari Must Give Account Of The Recovery https://www.theinfostride.com/niger-delta-group-slams-adeosun-over-looted-funds-gaffe-says-president-buhari-must-give-account-of-the-recovery/ Mon, 30 Nov 2015 22:41:05 +0000 http://www.theinfostride.com/?p=109787 The Niger Delta Budget Monitoring Group has asked President Muhammadu Buhari to ensure that all looted funds recovered by his administration are accounted for. The NDBMG is a civil society group in the oil-rich Niger Delta region and has been involved in programmes to engender resource accountability in the region. In a statement Sunday by [...]

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]]> Stolen Funds: No Figure On The Returned Loot Yet – Finance Minister https://www.theinfostride.com/stolen-funds-no-figure-on-the-returned-loot-yet-finance-minister/ Sat, 28 Nov 2015 19:08:43 +0000 http://www.theinfostride.com/?p=109479 In his style since he became Nigeria’s leader, President Muhammadu Buhari made another revelation while in Iran; he said looter have begun to return stolen funds. However, there is no figure on such funds just yet. According to the Minister of Finance, Mrs. Kemi Adeosun, who spoke with journalists at yesterday’s Federation Accounts Allocation Committee [...]

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]]> Federal Government To Set Up $25bn Infrastructure Fund – Finance Minister https://www.theinfostride.com/federal-government-to-set-up-25bn-infrastructure-fund-finance-minister/ Fri, 27 Nov 2015 23:28:08 +0000 http://www.theinfostride.com/?p=109237 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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]]> Can President Buhari Reset The Clock? https://www.theinfostride.com/can-president-buhari-reset-clock/ Sat, 21 Nov 2015 14:24:53 +0000 http://www.theinfostride.com/?p=107976 After six months of deliberation, a new team of largely technocratic ministers faces daunting economic and security challenges It is called ‘Buhari Mean Time’ in Abuja. It started as a jocular description and then became a warning: President Muhammadu Buhari will not be rushed into decisions, especially when it comes to appointments. The new cabinet [...]

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]]> New York Firm Offered Dr. Ngozi Okonjo-Iweala Senior Advisory Position https://www.theinfostride.com/new-york-firm-offered-dr-ngozi-okonjo-iweala-senior-advisory-position/ Tue, 22 Sep 2015 08:41:47 +0000 http://www.theinfostride.com/?p=100362 Ex-Minister of Finance, Dr. Ngozi Okonjo-Iweala has joined a long list of notable ex-public office holders who have worked for financial advisory and asset management firm, Lazard Limited. The New York headquartered company has hired Okonjo-Iweala as Senior Advisor. The ex-minister will focus on the firm’s sovereign advisory group, Lazard said in a statement on [...]

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]]> Okonjo-Iweala Slams PS, Says The Alleged $1 billion China-Exim Bank Loan Non-existent https://www.theinfostride.com/okonjo-iweala-slams-ps-says-the-alleged-1-billion-china-eximbank-loan-non-existent/ Mon, 17 Aug 2015 05:31:04 +0000 http://www.theinfostride.com/2015/08/okonjo-iweala-slams-ps-says-the-alleged-1-billion-china-eximbank-loan-non-existent/ The immediate past Minister of Finance, Dr. Ngozi Okonjo-Iweala, has denied the allegation by the Permanent Secretary of the Federal Ministry of Transport, Alhaji Muhanned Bashar, that the China-Exim Bank loan for the rehabilitation of the Lagos-Kano rail line was diverted by the last administration. Alhaji Bashar had told President Muhammadu Buhari during the ministry’s [...]

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]]> Video — Ngozi Okonjo Iweala: “I’m Tired Of Talking About The Kidnapped Girls” https://www.theinfostride.com/video-ngozi-okonjo-iweala-im-tired-of-talking-about-the-kidnapped-girls/ Tue, 13 May 2014 05:30:42 +0000 http://www.theinfostride.com/2014/05/video-ngozi-okonjo-iweala-im-tired-of-talking-about-the-kidnapped-girls/ I heard this happened days ago but decided to watch the video before reporting it. The source was ABC News, they met with the Minister of Finance, Mrs Ngozi Okonjo Iweala shortly after she left the World Economic Forum in Abuja and asked what the Government was doing about the kidnapped Chibok girls. Watch the [...]

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