Finance Minister

December 5, 2022

New Naira Notes Might Be Illegal – Femi Falana

Femi Falana (SAN), an activist lawyer, has encouraged President Muhammadu Buhari to propose a Supplementary Bill to the National Assembly authorizing the withdrawal of public funds from any federation account for the printing of fresh naira notes. He warned that if this isn’t done, the production of the new naira notes—without appropriation by the National... Read More

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December 30, 2021

Profile of Ngozi Okonjo-Iweala | Nominee for YNaija Person of the Year 2021

When you speak about inspiration to women, it doesn’t get any higher than what Dr. Ngozi Okonjo-Iweala represents. A volley of success, having excelled at every venture she’s been in, as well as every appointment she’s accepted. The latest being her rise to become Director General of the World Trade Organisation (WTO); a position that... Read More

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Okonjo

Okonjo-Iweala denies comments against Buhari

Former Minister of Finance, Dr Ngozi Okonjo-Iweala, has denied reports that she made utterances against President Muhammadu Buhari. According to a post on her Facebook wall, the ex-minister said the reports were false. She wrote, “My attention has been drawn to a spurious and nefarious story circulating on the internet. The story makes false claims... Read More

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FG not planning to scrap YouWin – Adeosun

Minister of Finance, Kemi Adeosun has said the Federal Government has no plans to scrap the Youth With Innovation Entrepreneurship program (Youwin). Adeosun stated this during her first Facebook live session filmed at the headquarters of the Ministry of Finance. The minister said the program was being reviewed to meet the economic agenda of the... Read More

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January 20, 2017

Why we have no choice but to borrow – Adeosun

Minister of Finance, Kemi Adeosun has said oil prices are not returning to $110 per barrel, leaving Nigeria no choice than to borrow. Adeosun spoke at the 14th Daily Trust Dialogue in Abuja on the theme ‘Beyond recession: Towards a resilient economy’. Adeosun said the 2017 budget has a deficit of N2.36 trillion, which could... Read More

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November 24, 2016

Recession is inevitable when a polytechnic graduate is the finance minister – Reno Omokri

Reno Omokri, Special Assistant to ex-President, Goodluck Jonathan has said Nigeria is in recession because of the quality of people President Muhammadu Buhari appointed into his cabinet. He specifically said the country was in recession because the Minister of Finance, Kemi Adeosun attended a Polytechnic in the United Kingdom. He wrote on his Facebook page,... Read More

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September 19, 2016

YNaija Editorial: The urgent need for clarity on Federal Government’s capital expenditure

The 2016 budget process was fraught with delays and controversy, as the late appointment of ministers ensured that the budget was not signed into law until three weeks to the Buhari administration’s first year in office. The budget padding debacle that has overshadowed the recess of the House of Representatives, has also cast the 2016... Read More

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September 1, 2016

Kemi Adeosun has a response for all her Twitter critics

Minister of Finance, Kemi Adeosun, on Thursday denied making any statement about the country’s economy on a Twitter account. Adeosun said she does not own a Twitter account, dismissing the account @Mrskemiadeosun. She noted this in a statement issued by her Media Adviser, Festus Akanbi. The statement reads in part, “The attention of the Honourable... Read More

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FG to loan N90bn to states [DETAILS]

The Federal Government will provide a N90 billion loan facility to state governments so as to reduce their dependency on the monthly handout from the Federation Account. The states of the federation are expected to meet 22 stringent conditions after which the loan will be given to them over one year and will be repaid... Read More

Federation Account, FG, Finance Minister, governors, kemi Adeosun, loan, state governments

Opinion: We need Okonjo Iweala back as Finance Minister

The nation is currently facing an economic crisis due to a plethora of issues. From the fall in oil prices, to the decline in the value of the country’s currency; the Naira, to the shame of the ‘padded’ budget (the first of its kind), and to the prolonged debacle in the passage of the 2016... Read More

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$2.1bn fraud: EFCC detains ex-Finance Minister… ‘Fani-Kayode was chief beneficiary’

The Economic and Financial Crimes Commission on Thursday, detained former Finance Minister, Nenadi Usman. Usman was said to have reported at the Lagos office of the agency and was immediately taken into custody for interrogation. The anti-graft agency picked up the Minister over her role in the billions withdrawn from the Central Bank of Nigeria... Read More

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‘Jonathan lacked the will to save funds, Obasanjo had it’ – Okonjo-Iweala

The former Minister of Finance, Dr Ngozi Okonjo-Iweala, on Tuesday, stated the administration of former President Goodluck Jonathan failed to save Nigeria’s huge earnings from oil between 2011 and 2015 due to a lack of political will. The former Minister stated this while speaking at George Washington University, Washingto DC, on the topic “inequality, growth... Read More

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October 10, 2014

@NOIweala named African Finance Minister of the year

by Tunji Andrews The Minister of Finance, Dr Ngozi Okonjo-Iweala, on Friday bagged the African Finance Minister of the year award for her outstanding performance as a finance minister. The award was presented to her by the African Investor Magazine on the sideline of the ongoing annual meetings of the World Bank and the... Read More

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September 19, 2014

Nigeria’s growth prospects look strong in 2014 – Okonjo Iweala

by Tunji Andrews Nigeria’s finance minister said on Friday, 19 September, that she is confident that growth in 2014 will be around the government’s latest forecast of 6.5 percent after discounting the economic impact of the insurgency waged by the Islamist group Boko Haram. This assertions would be from a strong economic showing in the... Read More

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September 17, 2014

Book reading: @Chude takes ‘Are We The Turning Point Generation?’ to Terra Kulture

by Isi Esene Following the successful launch of his thought-provoking book ‘Are We The Turning Point Generation?‘ in May, Chude Jideonwo is set to conduct a book reading at the Terra Kulture on September 27, 2014. Having conducted a series of book readings in Abuja, New York, London, Paris, Greenwich, Johannesburg and other cities around the... Read More

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February 21, 2014

She dey kampe! Finance minister, Okonjo-Iweala denies resignation rumours

by Oge Okonkwo The Minister of Finance, Ngozi Okonjo-Iweala has reacted to rumours of resignation from office. Dr. Okonjo-Iweala in a statement made through her special adviser, Paul Nwabuikwu, said that the rumours of her resignation circulating online is very untrue. This comes shortly after the sack of the Aviation minister, Stella Oduah and three other... Read More

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February 13, 2014

Opinion: A love letter to my sweet valentine

by Victor Ehikhamenor My darling you are my first lady, my petroleum minister, my finance minister, and you are my aviation minister who make it possible for me to fly first class round the world. Explaining how much I love you is like trying to explain our national budget, and you and I know even... Read More

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December 24, 2013

SaharaReporters’ waiver scandal allegations are false – Okonjo-Iweala

by ‘Jola Sotubo The website Sahara Reporters yesterday published an article claiming that the First Lady, Patience Jonathan had received waivers on a number of BMW vehicles last year. However, according to the office of the Coordinating Minister for the Economy and Finance Minister, Ngozi Okonjo-Iweala, the allegations are totally false. In a statement released... Read More

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December 11, 2013

Ngozi Okonjo-Iweala addresses ‘campaign of calumny’ against her in the media

by Adeola Balogun A press statement has been issued by the camp of the Coordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala. The statement was released for the purpose of addressing what has been termed as “high profile media attacks.” It was signed on Dr. Okonjo-Iweala’s behalf by her Special Adviser, Paul... Read More

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Budget 2013 may be frustrated, if crude prices continue to drop

by Omoh Gabriel In an article on this column on May 30, 2012, titled “The proverbial rains are here,” many Nigerians including the Federal Government, did not take the warning seriously. In Washington DC on Thursday, Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, called an emergency press conference to warn... Read More

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November 18, 2012

Opinion: To whom it may concern, if I die

by Olabode Emmanuel Olawumi The question is; If I die, who killed my dream? If I die, who killed my dream? Is it: My country that didn’t put me in the best positions? My government that refused to make life comfortable for the common man by denying the masses and its electorate the basic social... Read More

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November 8, 2012

“You will name our sponsors in court” – Dino Melaye threatens to sue Okonjo-Iweala

by Isi Esene Dino Melaye is not taking things lightly with the co-ordinating minister of the economy and minister of finance, Ngozi Okonjo-Iweala, as he is threatening to sue the Harvard-trained economist for libel. The former House of Representatives member earlier today reacted on Twitter over allegations of corruption leveled against him by the minister.... Read More

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November 5, 2012

Sonala Olumhense: Nigeria’s media weakest link

by Omoade Adelani Knowing full well that any allegation thrown at those in government will stick, especially that of financial impropriety, Sonala is spoiling our day by adding bouts of odious fumes from his blackened exhaust to our national space for as long as this his ill-conceived article is visible. Listen up everyone, Sonala Olumhense... Read More

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October 20, 2012

Get down on it! Ngozi Okonjo-Iweala hits the dance floor (WATCH)

by Isi Esene Of course we all know Ngozi Okonjo-Iweala to be one of the best technocrats you can find in the world of development finance, but it is pleasantly shocking to see the Harvard-trained finance minister displaying some of the best pair of legs on the dance floor. Watch this video to see Okonjo-Iweala... Read More

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September 7, 2012

Not another run: Okonjo-Iweala denies interest in World Trade Organisation job

by Stanley Azuakola In a year’s time, the head of the World Trade Organisation, Pascal Lamy will step down. Already there are speculations on who will succeed him. while two people have declared interest in the job. They are New Zealand’s trade minister Tim Groser and Ghana’s former trade minister Alan Kyerematen, whose candidacy has... Read More

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