Just another News Updates
Wale Edun, Nigeria’s Finance Minister and Coordinating Minister of the Economy, shed light on the financial landscape of Nigeria, unveiling that merely 5% of the population possess bank balances exceeding ₦500,000. In an exclusive interview with Channels Television on Friday, Minister Edun outlined the Federal Government’s strategic agenda to rectify prevailing economic disparities that have […]
The Federal Government has has suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. This was part of the decision of the National Economic Council, NEC, meeting on Thursday. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed disclosed this while briefing State House correspondents […]
The federal government will pay N5,000 to 10 million households for six months as palliative for removing petrol subsidy after June. Daily Trust reports that the amount is N50 billion per month and reaches N300bn with $800m (N371.6bn at CBN N464/$1 rate) World Bank loan to fund the project. The Minister of Finance, Budget, and […]