The Federal Executive Council, FEC, on Wednesday approved that $2.9 billion in Eurobond be raised to fund capital projects in the 2018 budget. The Minister of Finance, Mrs Zainab Ahmed, made this known when she addressed State House correspondents at the end of FEC meeting, presided over by President Muhammadu Buhari. Nigeria had in November […]
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The Debt Management Office (DMO) says the release of N1.2 trillion for capital projects by the Federal Government in six months is a positive development in the country. The capital projects are contained in the 2017 Appropriation Act. The News Agency of Nigeria (NAN) recalls that the 2017 budget was only finalised in July 2017, […]
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The Minister of Finance, Mrs Kemi Adeosun on Monday, said the Federal Government of Nigeria would release the sum of N750bn this to Ministries, Departments and Agencies of government this week. This is to serve as part of implementation of capital projects contained in the 2017 budget. gave the figure while speaking during a meeting […]
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The Governor of Edo State, Mr. Godwin Obaseki, has said that all the revenues collected by his administration as tax are used for the execution of capital projects across the state. The governor made the disclosure while playing host to the President and Chairman of Council, Chartered Institute of Taxation of Nigeria (CITN), Chief Cyril […]
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The Minister of Finance, Kemi Adeosun said that the federal government was ready to release N350 billion, being the first tranche for implementation of the 2017 budget. Mrs. Adeosun said this on Monday in Abuja at the public presentation of 2017 Appropriation Act. She said that the Federal Government had enough cash available to immediately […]
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