Tag: kemi Adeosun

We would spend $3bn refinancing debts inherited from Jonathan’s administration

The minister of finance, Kemi Adeosun says the federal government will spend $3 billion refinancing debts from the administration of former President Goodluck Jonathan. She said this while featuring on an…

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FG, states, LGs share N558bn for September

The Federation Account Allocation Committee (FAAC) has shared N558 billion to the three tiers of government being revenue for the month of September 2017. Minister of Finance, Kemi Adeosun, said…

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$5.5bn loan: It may take 30 years to repay – Adeosun

Minister of Finance, Kemi Adeosun has said it may take five to 30 years before the $5.5 billion being sought by President Muhammadu Buhari can be repaid. Background: Buhari had written…

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Wealthy Nigerians have asked me to speak to governors about their taxes – Adeosun

Minister of Finance, Kemi Adeosun has said the Federal Government will begin taxing luxury goods soon. Adeosun said this at the annual meetings of the World Bank and International Monetary Fund…

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The Big 5: President Buhari grants a little girl’s wish, Minister of Finance says Nigeria needs to keep borrowing, and other top stories

Good morning. Here are the top 5 stories you should be monitoring today: President Muhammadu Buhari is starting the week on a pretty inspiring note. In a very unprecedented turn…

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We need to keep borrowing to save jobs – Adeosun

The Minister of Finance, Kemi Adeosun has said the Federal Government’s desire to borrow more funds from international creditors is to prevent job losses. Mrs. Adeosun, who spoke yesterday at…

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For Buhari to deliver his promises, Nigerians need to tolerate more debts – Adeosun

Minister of Finance, Kemi Adeosun has said Nigerians will have to tolerate more borrowings by President Muhammadu Buhari to deliver his promises. Background: President Buhari had written to the Senate…

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Oluseun Onigbinde: The problems with Kemi Adeosun’s deconstruction of Nigeria’s debt story

by Oluseun Onigbinde   It is important that public officeholders clarify the issues that citizens are distraught about and one such key issue has been the case of rising public…

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2017 budget will be rolled over to 2018 – Adeosun

The Minister of Finance, Kemi Adeosun has said the Federal Government plans to roll over at least 60 percent of 2017 capital projects to 2018 budget proposal - that there…

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Senate summons Adeosun, Udoma over 2017 budget

The Nigerian Senate has asked the Minister of Finance, Kemi Adeosun and the Minister of Budget and National Planning, Senator Udoma Udo Udoma to appear before its Joint Committee on…

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[The Presidential Blog] This is why Nigeria is backing out of 90 organisations

On the heels of what many - including the country's minister of foreign affairs, Geoffrey Onyeama - have described as a successful outing at the just concluded 72nd UNGA, the…

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Nigeria pulls out of 90 international bodies – Adeosun

The Federal Government has exited 90 international bodies. This was disclosed by the Minister of Finance, Mrs. Kemi Adeosun on Wednesday after the Federal Executive Council, FEC, meeting. Adeosun said the decision which…

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FG orders probe of JAMB, NIMASA

President Muhammadu Buhari has ordered the probe of former managements of the Joint Admission and Matriculation Board (JAMB), and the Nigerian Maritime Administration and Safety Agency (NIMASA), over alleged poor…

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Buhari meets with ministers, CBN governor on the state of the economy

President Muhammadu Buhari Monday, received briefings from the Minister of Budget and National Planning, Udoma Udo Udoma, the Minister of Finance, Kemi Adeosun. and Governor of the Central Bank of Nigeria (CBN),…

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Just In: Buhari meets Adeosun, Udoma, others

President Muhammadu Buhari on Monday met with governor of the Central Bank, Godwin Emefiele, Minister of Finance, Kemi Adeosun; Minister of Budget and National Planning, Udo Udoma; and the Chief…

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[The Presidential Blog] Spot your happy Ministers

It's nice to see members of the executive looking positive and happy despite all that's threatening to tear up the polity and the pressure dealing with that must put them…

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The Whistleblower policy has been a success – Adeosun

The Minister of Finance, Kemi Adeosun Tuesday, in Abuja at a seminar organised by the Bureau of Public Service Reforms (BPSR) on “The Whistleblower Policy and its Implication for Public Servants’’…

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FG to borrow more in foreign currencies – Adeosun

The Federal Government has said it will henceforth borrow less in naira and more in foreign currency. Finance Minister Kemi Adeosun told State House reporters that this was based on…

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FG grants tax break to music, movie producers, others in creative industry

The Federal Government has granted "Pioneer Status" to the creative industry, in an attempt to transform the industry, creating jobs in the process. In a statement issued in Abuja on…

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Tax will be placed on first class, business class tickets, luxury goods – Adeosun

Minister of finance, Kemi Adeosun says the Federal Government has signed a policy to tax first class and business class air tickets alongside other luxury goods, TheCable reports. Answering questions…

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Isn’t it time for a major cabinet shake-up in Aso Rock?

The current state of affairs in the nation is worrisome. President Buhari is out of the country and Nigerians have no idea when he would return. The president's absence has…

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Lagos provides more than half of Nigeria’s VAT – Adeosun

Minister of Finance, Kemi Adeosun has said more than half of Nigeria's value added tax (VAT) comes from Lagos state. Adeosun said this while speaking at the parley between the federal…

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Nigeria may stay longer in recession – Emefiele

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says Nigeria may stay longer in recession if bold policies are not activated to support the current fragile growth. Speaking after…

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The Big 10: These are the stories that drove conversation this week

These are the top ten stories that drove conversation this week. 1. We’re in talks with over 16 political parties to take power back – Makarfi The Chairman, National Caretaker…

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Opinion: Now that Nigeria is planning to start collecting tax from beggars, what’s next?

by Tony Ogunlowo In an attempt to raise much-needed funds, the Finance Minister, Mrs Kemi Adeosun, has come up with the most ludicrous suggestions of all time: she plans to…

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The YNaija Cover this evening – the 20th of July

Read the full stories and analyses on YNaija:  

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The Late 5: These are the stories that drove conversation today

These are the top five stories that drove conversation today. 1. OSINBAJO SUBMITS N135.6BN VIREMENT PROPOSAL TO N’ASSEMBLY Acting President Yemi Osinbajo has submitted a virement proposal of N135.6bn to the…

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Nigeria is already out of recession – Adeosun

Minister of Finance, Kemi Adeosun has said the Muhammadu Buhari-led administration recovers stolen funds daily. Adeosun said this while speaking on a programme on African Independent Television (AIT). “It’s a process…

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Lai Mohammed reveals $1m venture to boost Nigeria’s creative industry

The Minister of Information and Culture, Lai Mohammed Monday, announced the establishment of $1 million Venture Capital to boost the Creative Industry. NAN reports that he made the announcement at the…

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“Nigeria will continue to borrow, nothing has changed” – FG

Contrary to what the Finance Minister, Kemi Adeosun had said earlier, the Federal Government has said that it would continue to borrow. She was quoted as saying at the Presidential Business…

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