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2019 Budget:  Buhari’s govt principled after ‘Idi Amin Economy’ of 70’s–CUPP

•Says budget huge in volume, empty in substance  •Commends lawmakers for booing President's 'lies' Jude Johnson  The opposition coalition, CUPP has styled President Muhammadu Buhari's 2019 budget to that of the late Ugandan dictator, Idi Amin's 1970s projection, which it said is "huge in volume but empty in substance".     CUPP stated that  after thorough analysis

States will soon access $750m world bank loan — FG assures

The Federal Government has said that 36 state governments and the Federal Capital Territory will soon access the World Bank’s $750m loan and grant facility. This was made known by the Minister of Finance, Zainab Ahmed, while addressing the 7th Community of Practice made up of State Commissioners of Planning and

Embattled Adeosun departs Nigeria to UK

Godsgift Onyedinefu Nigeria's former Minister of Finance, Mrs. Kemi Adeosun, has on Saturday left Nigeria to United Kingdom (UK). Her associates who confirmed the story said: "She (Kemi Adeosun) most likely is in the UK by now". Adeosun resigned on Friday following alleded forged National Youths Service Corps (NYSC) Certificate scandal. In her letter

Why I resigned as Nigeria’s Minister of Finance (full text)-Adeosun

•Buhari accepts  resignation, replaces her with Zainab Ahmed Senator Iroegbu    The Nigeria's  former Minister of Finance, Mrs. Kemi Adeosun, has given reasons for resignation from her position . President Muhammadu Buhari had also accepted her resignation from his cabinet and approved the Minister of State Budget and National Planning, Mrs. Zainab Ahmed, as her successor. The embattled former

FG investigates over 200 whistleblowing tips on taxpayers

•Suspends 2 tax officials Babatunde Abiodun  The Federal Government has begun an investigation into over 200 whistleblowing tips on tax officials and taxpayers which involves under declaration of taxes as well as demand by taxpayers and receipt of gratifications by tax officials. The government through the Federal Ministry of Finance has also commenced the

UN Appoints Adeosun into Pension Fund’s Investments Committee

Babatunde Opalana  Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has bee appointed by the United Nations into the Investments Committee of the United Nations Joint Staff Pension Fund (UNJSPF). Her appointment in a statement on  Media Aide, Mr. Oluyinka Akintunde , was confirmed by Under-Secretary-General of United Nations, Jan Beagle. Adeosun would serve a one-year

FG stopped payment of Maina’s salary since March 2013 – Adeosun

•Removed from Govt’s Payroll – Accountant-General  Jude Johnson    The Minister of Finance, Mrs. Kemi Adeosun, on Thursday, revealed that the Federal Government stopped the payment of salary to the former Chairman of the Pension Task Force Team, Mr. Abdulrasheed Maina, in March 2013. The minister made this disclosure in Abuja while appearing before the

Breaking: Adeosun sacks SEC’s boss Gwarzo, two others

Jude Johnson  The Nigeria's  Minister of Finance, Mrs. Kemi Adeosun, has suspended the Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo, and two others from Office over fraud allegations  The suspension what is seen as part of the anti-corruption drive of President Muhammadu Buhari administration, was contained in a