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Posts tagged with "Zainab Ahmed"

Aisha Buhari storms National Assembly to throw her weight behind proposed gender bill African News

Aisha Buhari storms National Assembly to throw her weight behind proposed gender bill

PRESIDENT Muhammadu Buhari's wife Aisha has thrown her weight behind calls for an affirmative action bill that sets aside a fixed percentage of the seats in the National Assembly for women.   Yesterday, Hadjia Aisha Buhari stormed the National Assembly complex to observe the formal submission of the report of the committee on...
Finance minister says there are no plans for mass redundancies but Vat could rise soon African News

Finance minister says there are no plans for mass redundancies but Vat could rise soon

NIGERIA'S finance minister Zainab Ahmed has revealed that the federal government has no plans for mass redundancies or to lay off thousands of public sector workers as part of a programme to reduce expenditure.   Like many countries at the moment, Nigeria is struggling to balance her books in the hostile post-coronavirus era...
Government ministers not perturbed about Nigeria's 33% GDP-to- debt ratio African News

Government ministers not perturbed about Nigeria's 33% GDP-to- debt ratio

GOVERNMENT ministers have said they are not panicking about the fact that Nigeria's debt-to-gross domestic product (GDP) ratio has ballooned to 33% as a result of increased borrowing brought about by the coronavirus pandemic.   Due to the global pandemic, Nigeria has had to resort to heavy borrowing, with as much as a third of...
Federal government looks to resolve Vat spat by reaching out-of-court settlement with governors African News

Federal government looks to resolve Vat spat by reaching out-of-court settlement with governors

NIGERIA'S finance minister Zainab Ahmed has announced plans to enter into an out-of-court settlement with Nigeria's 36 states over the vexed issue of value added tax (Vat) that is currently turning into a fierce legal battle.   In a recent landmark judgment, a federal high court in Rivers State, ruled that it was...
Minister urges Nigerian financial operatives to tap into global $2trn Islamic finance market African News

Minister urges Nigerian financial operatives to tap into global $2trn Islamic finance market

NIGERIA'S finance minister Zainab Ahmed has asked for significant financial sector reforms that will enable the growth of Islamic finance in the economy as part of the search for investment capital required to develop infrastructure and boost manufacturing.   Despite having a massive population of over 200m people, Nigeria's...
World Bank laments the fact that Nigeria spends more on petrol subsidy than on health African News

World Bank laments the fact that Nigeria spends more on petrol subsidy than on health

WORLD Bank officials have decried the continued spending by the Nigerian government on petrol subsidy which is on track to gobble up N2.9tn ($7bn) this year which economists say could be better spent on social programmes and infrastructure.   Speaking at a panel session during the 27th National Economic Summit in Abuja,...
Were I in President Buhari’s shoes, my 61st anniversary present to Nigeria would be to put a 10-man economic emergency team together African News

Were I in President Buhari’s shoes, my 61st anniversary present to Nigeria would be to put a 10-man economic emergency team together

  Ayo Akinfe Its members would be: Yemi Osinbajo - Chair Zainab Ahmed - Vice chair Lamido Sanusi Charles Soludo Kingsley Moghalu Pat Utomi Arunma Oteh Yewande Sadiku Godwin Emefiele Adeniyi Adebayo Its mandate would be simple: You make all economic and investment decisions and...
AfDB to mobilise $520m to co-finance special agricultural processing zones across Nigeria African News

AfDB to mobilise $520m to co-finance special agricultural processing zones across Nigeria

AFRICAN Development Bank (AfDB) is planning to mobilise $520m to co-finance the first phase of an ambitious special agricultural processing programme in Nigeria aimed at boosting farm output.   Designed to be part of a major economic diversification plan that involves the founding of special agro-industrial processing zones,...
Nigeria's revenue-to-GDP ratio collapses to about 5% making one of the lowest in the world African News

Nigeria's revenue-to-GDP ratio collapses to about 5% making one of the lowest in the world

NIGERIA'S revenue-to-gross domestic product (GDP) ratio has fallen to about 5% over the last year making one of the lowest on the planet according to a recent report just published by the World Bank.   Speaking during a panel session at a virtual public sector seminar with the theme Nigeria in challenging times: Imperatives...
Nigerian Mahmoud Isa-Dutse joins Islamic Development Bank board of directors African News

Nigerian Mahmoud Isa-Dutse joins Islamic Development Bank board of directors

PRESIDENT Muhammadu Buhari has approved the appointment of Nigerian Dr Mahmoud Isa-Dutse as an executive director on the board of the Islamic Development Bank (IsDB) based in the Saudi Arabian city of Jedda.   Dr Dutse is the immediate past permanent secretary of the Federal Ministry of Finance, Budget and National Planning....
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