by Dolapo Adelana The Federal Ministry of Finance says it is investigating allegations of fraud and irregularities in the Youth Enterprise with Innovation in Nigeria (YouWin) programme. A statement by Salisu Na’Inna Dambatta, Director (Information) in the ministry said the minister, Kemi Adeosun has ordered an investigation into allegations by a whistleblower that an awardee was the child of a... Read More

finance ministry, irregularities, kemi Adeosun, youwin

March 3, 2016

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Finance Ministry workers accuse Presidency of impunity, illegality [DETAILS]

The Presidency’s attempt to extend the tenure of Jamila Shu’ara, the Permanent Secretary, Federal Ministry of Finance, has been met with stiff resistance by the Association of Senior Civil Servants of Nigeria (ASCSN). According to Punch Newspapers, Shu’ara was supposed to retire on February 17 when she attained the age of 60, however, a notice... Read More

The News Blog

ASCSN, civil servants, FG, finance ministry, Jamila Shu’ara, retirement

February 12, 2016

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How we discovered 23,000 ghost workers in civil service – Finance Minister

The Nigerian senate, on Thursday, announced its endorsement of the Ministry of Finance’s decision to prosecute civil servants found guilty of paying salaries and remuneration to 23,000 ghost workers over the years. This was stated by the Chairman Senate Committee on Finance, Senator John Enoh, at the budget defence of the Ministry of Finance. The... Read More

Featured, The News Blog

000, 000 job seekers throng the University of Nigeria Teaching Hospital, 23, finance ministry, Ghost workers, kemi Adeosun

June 24, 2015

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The real situation with the Nigerian economy and its debts

Nigeria is in deep wahala. Our debts are rumored to be about N11 trillion and in the 2015 budget, it was revealed that the country had a deficit of N911 billion. But in a recent revelation by the Chairman of the APC Transition Committee, Ahmed Joda, it seems there are new figures emerging. In an interview with... Read More

Featured

debts, deficit, economy, finance ministry, nigeria

March 5, 2015

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Synagogue building foundation was indeed faulty – 7 important things you didn’t read yesterday (but should have)

by Kolapo Olapoju Fellow Nigerians, below are 7 pertinent stories you didn’t read yesterday… but should really have. 1. Steal from the house of the Lord… and die. When three armed robbers went to steal N954,000 church offering, from St James’ Cathedral Bishops’ Court, Igarra, Edo state,- two out of them never knew would end up dead, and... Read More

The News Blog

APC, Ayo Fayose, Crude oil barrels, Ebola, Ekiti, finance ministry, Martins Elechi, Nigeria Navy, St James’ Cathedral Bishops’ Court, Street cultism, Synagogue building

October 26, 2014

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How Bash Ali tried to extort $1 million from us – NEXIM Bank

by Isi Esene The Nigerian Export-Import Bank (NEXIM) has reacted to allegations made against it by veteran boxer, Bash Ali accusing it of frustrating his efforts to undertake a record breaking fight purportedly supported by the Federal Government. In his open letter to President Goodluck Jonathan a few days ago, Ali said since the inauguration of... Read More

The News Blog

Bash Ali, Bolaji Ojo-Ojoba, boxing, CBN, finance ministry, Germany, NEXIM, nigeria

January 9, 2013

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Why fuel subsidy account is empty – Okonjo-Iweala

The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Tuesday confirmed The PUNCH’s story that the Federal Government’s subsidy account with the Central Bank of Nigeria was empty, blaming the situation on technical hitches in the documentation with the CBN. Okonjo-Iweala, while briefing journalists in Abuja, said the transfer of funds meant for fuel subsidy payments... Read More

CBN, DMO, Excess Crude Oil, finance ministry, ngozi okonjo iweala, supplementary budget

November 22, 2012

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Star Wars in Aso Rock: Diezani Alison-Madueke meets President Jonathan over Okonjo-Iweala

by Akan Ido The Nigerian National Petroleum Corporation (NNPC) has officially notified President Goodluck Jonathan, of the country the country faces in terms of acute fuel shortage if the Federal Government fails to pay the N1.13 trillion subsidy funds owed the corporation. The NNPC, supported by the petroleum minister, Diezani Alison-Madueke, reportedly brought this grim... Read More

Diezani Alison Madueke, Fidel Pepple, finance ministry, fuel subsidy, JEPTFON, ngozi okonjo iweala, nnpc, Paul Nwabuikwu

September 4, 2012

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President Jonathan launch YOUWIN! 2 programme, explains focus on women

by Akan Ido President Goodluck Jonathan yesterday launched the second phase of the YOUWIN programme at the Banquet Hall of the State House, Abuja. The YOUWIN! 2 is a variation of the first phase of the programme exclusively targeted at women entrepreneurs. The first phase of the competition produced 1,200 winners who will be assisted... Read More

“Dr Ngozi Okonjo-Iweala, finance ministry, grants, President Goodluck Jonathan, YOUWIN! 2

September 4, 2012

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Opinion: Should Ngozi Okonjo-Iweala resign?

by Omoade Adelani While Boko Haram is wreaking havoc in the northern part of the country, our lower legislative chamber is clawing its way out of a mire of bribery scandal. Let’s face it, corruption is presently the most popular culture in our nation today. It has been entrenched so deeply in our national consciousness that it now... Read More

corruption, finance ministry, ngozi okonjo iweala, Omoade Adelani

July 9, 2012

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Ijeoma Nwogwugwu: What the House of Representatives needs to know

by Ijeoma Nwogwugwu Like a lot of men of means, Femi Otedola is not liked by quite a few people. Depending on what side of the fence you choose to sit, the manner in which he made his money could even be deemed unethical. A few years ago, his dominance in the importation, distribution and... Read More

Aig-Imoukhuede, arrest, finance ministry, fuel subsidy, interrogation, jonathan, lawan, otedola, public

YouWin: Finance ministry addresses fraud allegations, investigating irregularities

Finance Ministry workers accuse Presidency of impunity, illegality [DETAILS]

How we discovered 23,000 ghost workers in civil service – Finance Minister

The real situation with the Nigerian economy and its debts

Synagogue building foundation was indeed faulty – 7 important things you didn’t read yesterday (but should have)

How Bash Ali tried to extort $1 million from us – NEXIM Bank

Why fuel subsidy account is empty – Okonjo-Iweala

Star Wars in Aso Rock: Diezani Alison-Madueke meets President Jonathan over Okonjo-Iweala

President Jonathan launch YOUWIN! 2 programme, explains focus on women

Opinion: Should Ngozi Okonjo-Iweala resign?

Ijeoma Nwogwugwu: What the House of Representatives needs to know

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