All posts tagged "minister of finance"
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FG’s mortgage refinancing initiative raises dusts
WHEN the Federal Government, in June, announced that it would launch the newly established Mortgage Refinance Company, MRC, by September, there were mixed feelings across the country. This was not unconnected with the assumption that government may...
- Posted September 16, 2013
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Government to crash interest rates with special bank
The Federal Government has unveiled plans to establish a special finance institution that will attract funds into the economy at lower interest rates. The Minister of Finance and the Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala,...
- Posted August 27, 2013
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Budget 2013: FG releases N250b for third quarter capital projects
The Federal Government has released the sum of N250 billion for capital projects for the third quarter of the year to expedite the execution of key infrastructure, security and social projects captured in Budget 2013. This is according...
- Posted August 25, 2013
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Budget: FG to make new project inclusion strenuous
The Federal Government has commenced moves to make the inclusion of new projects in annual budgets more strenuous. The Minister of Information, Mr. Labaran Maku, told State House correspondents this at the end of the weekly Federal...
- Posted August 2, 2013
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Ministry of Finance freezes MDAs accounts
A PERIOD of reckoning is here for all Federal Government’s Ministries, Departments and Agencies ( MDAs) which have been generating revenues and diverting them instead of remitting them into the Federal Government’s Consolidated Revenue Fund ( CRF)...
- Posted June 15, 2013
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AMCON is Succeeding, Says Sanusi
Contrary to the suggestion by the International Monetary Fund (IMF) that the Asset Management Corporation of Nigeria (AMCON) should wind down its operations, the Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has...
- Posted April 23, 2013
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Non-oil sector projected to contribute N1.7trillion in 2013
Nigeria’s non oil sector is projected to rake N1.742 trillion into the national treasury, going by estimates in the recently signed 2013 budget. Presenting a budget breakdown in Abuja, Coordinating Minister for the Economy and Minister of Finance,...
- Posted March 11, 2013