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Tag Archives: Zainab Ahmed

National Assembly to Finalize N22.7 Trillion Debt Restructuring

National Assembly to Finalize N22.7 Trillion Debt Restructuring

The Senate is prepared to adopt the N23.7 trillion debt restructuring proposal made by President Muhammadu Buhari in December of last year, according to Senate President Ahmad Lawan. The Senate also accused the Minister of Finance, Zainab Ahmed, and the Governor of the Central Bank of Nigeria, Godwin Emefiele, of …

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Nigerians to Pay VAT for Digital Services – FG

Nigerians to Pay VAT for Digital Services – FG

Nigerians may have to pay more for digital services as the Federal Government has introduced a policy requiring foreign companies that provide digital services in the country to collect and remit Value Added Tax to the Federal Inland Revenue Service. The Minister of Finance, Budget and National Planning, Zainab Ahmed, …

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FG Moves for Full Implementation of ECOWAS Brown Card

FG Moves for Full Implementation of ECOWAS Brown Card

The Federal Government has moved for the full implementation of the ECOWAS Brown Card Insurance Scheme to guarantee prompt compensation to victims of road accident within the ECOWAS member states. The Minister of Finance, Budget and National Planning, Zainab Ahmed, said this while speaking at the inauguration of Mr Ganiyu …

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FEC Approves N13.08 Trillion for 2021 Budget Estimate

FEC Approves N13.08 Trillion for 2021 Budget Estimate

The Federal Executive Council has approved a budget estimate of N13.08tn for the 2021 fiscal year. The fiscal document was approved at a meeting of the council on Wednesday presided over by the President, Major General Muhammadu Buhari (retd.). The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed …

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Huawei Places Total Investment in Nigeria at $76 Million

Huawei Places Total Investment in Nigeria at $76 Million

Huawei Technologies Company Nigeria Limited, a leading information communication technology (ICT) solution supplier in the Nigeria telecoms market said it has made a total investment of $76 million in the country. Mr Trevor Liu, managing director of Huawei Technologies Company Nigeria Limited, made this known when he visited Mrs Zainab …

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FG Makes Plan to Generate N18 Trillion Revenue

The Federal Government on Thursday said it had identified oil and non-oil initiatives that could help the country generate between N13tn to N18tn and achieve its 15 per cent revenue to Gross Domestic Product target. It also stated that states would need to generate N3.4tn to realise this, adding that …

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