Is Nigeria Broke? House Questions Finance Minister on Poor Funding
The Finance Minister Mrs. Ngozi Okonjo Iweala is to clarify why ministries and agencies are not adequately funded following revelations by the Petroleum Resources Minister Mrs Diezani Alison-Madueke. When Madueke appeared before the joint committee of...
- Posted 201 days ago
NNPC N1.2 trillion Subsidy Claim: Diezani calls on Jonathan to caution Okonjo-Iweala
President Goodluck Jonathan has been alerted by the Nigerian National Petroleum Corporation (NNPC) to a looming acute fuel shortage, should the FG fail to pay the N1.13trn subsidy owed to NNPC. The Minister of Petroleum Resources,...
- Posted 209 days ago
Okonjo Iweala Seeks Customs Bill Amendment
On Monday the Coordinating Minister for the Economy and the Minister of Finance, Dr. Ngozi Okonjo Iweala faulted the Customs and Excise Management Act (CEMA), CAP 45 2004, (Amendment) Bill 2012 presently undergoing public hearing at the...
- Posted 225 days ago
Okonjo-Iweala doesn’t want WTO job-Ministry
Finance Minister Ngozi Okonjo-Iweala is not interested in replacing Pascal Lamy as head of the World Trade Organisation (WTO) when the Frenchman steps down in a year’s time, the finance ministry said on Thursday. Okonjo-Iweala left her...
- Posted 285 days ago
Okonjo Iweala Clarifies JP Morgan Account
The Minister of Finance, Ngozi Okonjo-Iweala has explained the reason the Nigerian National Petroleum Corporation (NNPC) should not be faulted for operating an account with JP Morgan. She revealed this at a meeting organized by the Nigerian Economic...
- Posted 329 days ago
2013 Budget will be used to Pay Off Debts – Okonjo Iweala
The Minister of Finance and Coordinating Minister of the Economy has gone back to her roots as a debt retirement specialist. Speaking recently on her concerns over the escalating domestic debt portfolio of the Federal Government, she...
- Posted 344 days ago
World Bank: Zuma, Jonathan hold talks on Okonjo-Iweala
President Goodluck Jonathan and his South African counterpart, Jacob Zuma, have held consultations over the possible presentation of Nigeria’s Minister of Finance, Dr. Ngozi Okonjo-Iweala, as the continent’s candidate for the presidency of the World Bank. South...
- Posted 453 days ago
Fed Govt Orders Review Of Double Taxation
The Federal Government has ordered the Federal Inland Revenue Service (FIRS) to review Nigeria’s double taxation law regime. This is aimed at ensuring that tax treaties entered into would provide the maximum value for the country. The Co-ordinating...
- Posted 456 days ago
Europe Economic Shock: Nigeria may be on the receiving end – IMF Chief
Managing Director of International Monetary Fund (IMF) Christine Lagarde yesterday warned the Federal Government that Nigeria may be on the receiving end of the economic shock from Europe because of the volume of her trade all over...
- Posted 546 days ago
FG plans N100b power subsidy for low income earners
The Federal Government is to inject N100 billion in the 2012 budget as subsidy to cushion the effect of electricity tariff on low income earners, The Nation has learnt A source at the Bureau of Public Enterprises (BPE)...
- Posted 618 days ago
Nigeria 2012 budget will be ready by Nov – Okonjo Iweala
Nigeria 2012 budget will be ready by next month or in November this year, the Co-ordinating Minister of the economy and Minister of Finance Dr. Ngozi Okonjo-Iweala has said. Speaking with newsmen in Abuja yesterday, she said her ministry...
- Posted 646 days ago
Nigeria debt is in good shape – Okonjo Iweala
With a debt profile of $39.7 billion the, Co-ordinating Minister of the Economy and Minister of Finance Dr .Ngozi Okonjo-Iweala on Tuesday says Nigeria debt is in very good shape. The minister in her maiden address to...
- Posted 664 days ago