The Federal Executive Council has approved the sum of N1.2billion naira for the acquisition of additional 81 units of two-bedroom residences for customs officers in Abuja. Minister of State for Finance, Kemi Adeosun, stated this while briefing State House correspondents on Wednesday’s Federal Executive […]
The federal government has announced the suspension of two senior tax officials in Delta and Benue states over alleged fraud. This was revealed in a statement signed by Mr. Oluyinka Akintunde, Special Adviser on Media and Communications to Minister of Finance, Mrs. Kemi Adeosun. […]
The federal and the other tiers of government on Tuesday shared a total of N655.177 billion as revenue that accrued to the Federation Account and proceeds of the Value Added Tax in December, last year. Addressing journalists at the end […]
The federal government has disbursed the total sum of N10, 995, 391, 260billion to the beneficiaries of the third edition of the YouWiN! programme from 2015 to date. The Minister of Finance, Mrs. Kemi Adeosun disclosed this while releasing the last payment […]
Speaker of the House of Representatives, Hon Yakubu Dogara, has explained that the House decided to intervene in the conflict between the minister of Finance and the suspended director general of Security and Exchange Commission in order to protect the […]
For failing to remit a total of N17 billion into the Nigerian Social Insurance Trust Fund (NSITF) from 2010 to date, the Minister of Finance, Mrs Kemi Adeosun and her counterpart in the Ministry of Budget and National Planning, Senator Udoma Udo […]
Minister of Finance, Mrs Kemi Adeosun has announced the federal government’s plan to release N750 billion to ministries, departments and agencies (MDAs) of government for the implementation of capital component of 2017 budget. Adeosun, revealed this in Abuja, on Monday, while meeting […]
Vice President Yemi Osinbajo, (SAN), has said that the President Muhammadu Buhari administration has devised a clear pathway to achieving its power sector reform objectives. Osinbajo stated this on Monday, when he met with a delegation of officials from the […]
The Federation Account Allocation Committee (FAAC) meeting was called off last Thursday over the non-remittance of about N1.78 trillion into the government’s coffers by the Nigerian National Petroleum Corporation (NNPC). About N1.32trillion of the outstanding was unpaid by the NNPC […]
Finance Minister, Kemi Adeosun says the controversy surrounding payment of the whistle blower on the monies uncovered at an apartment in Ikoyi, Lagos will be laid to rest soon. In a statement issued by her Special Adviser, Adeosun denied claims […]
As part of efforts to improve tax compliance levels, the Federal Government has commenced reviewing the tax compliance records of all contractors who received payments from the Federal Government and its various agencies in the last 7 years. This follows […]
