Budget and National Planning

Second Niger Bridge, Cost ₦157 Billion - Nigeria's Minister

FG Spends ₦18.397Bn On Petrol Subsidy Daily – Ahmed Zainab

Due to the instabilty in the sale and distribution of petroleum products, the Nigerian House of Representatives’ Ad Hoc Committee which had been installed to investigate the Petroleum Products Subsidy Regime from 2013 to 2022 had  on Thursday, queried the Nigerian Minister of Finance, Budget and National Planning, Zainab Ahmed, over some of the payments of subsidy on Premium Motor Spirit (petrol) by the Federal Government of Nigeria.

Zainab Ahmed on her part had also disclosed that the Federal Government of Nigeria spends over ₦283 per litre of PMS or ₦18.397bn per day as subsidy.

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Creative Industry

Creative Industry: Nigerian Govt Approves ₦7bn

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed says the Federal Government through Bank of Industry (BoI) has approved facility of about seven billion naira under its creative industry group.

Ahmed said this at the Greeners Business-to-Business Annual National Economic Dialogue 2020 held in Abuja on Saturday.

The economic dialogue has a theme “Positioning Nigeria’s Creative Industry as Growth Engine of Africa Continental Trade Agreement (AFCTA)”.

Represented by her Special Adviser on Information and Communication Technology (ICT), Dr Armstrong Takang, the minister said the fund was approved to a creative group of 35 firms in content production, …