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ngozi okonjo-iweala

Okonjo-Iweala says Nigeria is committed to rebuilding its fiscal buffers

14 April 2014, 09:56

The Minister of Finance, Dr Ngozi Okonjo-Iweala, said the ministry was yet to analyse the 2014 budget that was recently passed by the National Assembly.

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Seven dead as job-seekers stampede at Nigerian stadium

15 March 2014, 16:11

At least seven people were killed and dozens were injured in Abuja after thousands of panicked job-seekers stampeded during a government recruitment drive at the national stadium.

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Government pays N41bn subsidy claims to 27 oil marketers

14 March 2014, 10:50

27 oil marketers whose claims had been verified for fuel subsidy reimbursements have been paid by the government.

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'Nigeria must reform oil sector'

13 March 2014, 12:13

Nigeria must reform its oil sector to end decades of suspicion of widespread corruption and build up public trust, according to Ngozi Okonjo-Iweala, finance minister.

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Economic growth to quicken, inflation to ease in 2014 - IMF

07 March 2014, 20:18

Economic growth in the country will accelerate this year, driven by sectors outside its dominant energy industry, while inflation will continue its downward path, the International Monetary Fund said.

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Wednesday, 12 February 2014

Reps ask Okonjo-Iweala to submit 2014 budget estimates

12 February 2014, 15:11

The House of Representatives has directed the Minister of Finance, Dr Ngozi Okonjo-Iweala to submit to the House estimates for 31 Ministries, Departments and Agencies.

Tuesday, 11 February 2014

Sovereign Wealth Fund gets additional $550m for investment

11 February 2014, 22:39

The Federal Government has released an additional $550 million to the Sovereign Wealth Fund (SWF) for the development of infrastructure in the power sector.

Friday, 07 February 2014

2014 budget to address demands of pensioners

07 February 2014, 16:21

Ngozi Okonjo-Iweala, the Minister of Finance, has said that the 2014 budget will address the demands of civilians’ pensions.

Thursday, 09 January 2014

Online newspaper replies Okonjo-Iweala over “doctored” video

09 January 2014, 15:04

Online newspaper, Premium Times has replied Finance Minister, Ngozi Okonjo-Iweala over her accusation that the media house uploaded a doctored video of her meeting with the House committee.

Wednesday, 18 December 2013

'N500bn SURE-P fund not missing'

18 December 2013, 09:45

The Federal Government said that the N500 billion belonging to the Subsidy Reinvestment and Empowerment Programme (SURE-P) funds is not missing.

NNPC owes gov't $12 bln, not $50 bln - cbank

18 December 2013, 21:23

The central bank said the state-oil company NNPC had not paid $12 billion it earned from oil sales into government accounts, not $50 billion as it had earlier stated.

Tuesday, 19 November 2013

FG saves N120bn through ghost workers in MDAs

19 November 2013, 19:48

The Federal Government on Tuesday said that N120 billion had been saved through ghost workers in the various government Ministries, Departments and Agencies (MDAs).

Thursday, 07 November 2013

Minister denies missing ECA money

07 November 2013, 15:36

The Coordinating Minister for the Economy (CME) and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has dismissed reports that $1.03 billion is missing from the Excess Crude Account (ECA).

Tuesday, 05 November 2013

Oil savings down 52 percent this year to $4.3 bln

05 November 2013, 12:33

Nigeria's excess crude account (ECA), where it saves oil export earnings over a benchmark price, contains $4.3 billion, Finance Minister Ngozi Okonjo-Iweala said.

Wednesday, 30 October 2013

Court adjourns Okonjo-Iweala libel suit to November 26

30 October 2013, 08:50

An FCT High Court adjourned the N10 billion libel suit filed by Finance Minister Ngozi Okonjo-Iweala against an online publication to November 26.

Tuesday, 15 October 2013

Liechtenstein making excuses to keep Abacha loot

15 October 2013, 10:37

Okonjo-Iweala accused Liechtenstein of using legal challenges as a pretext to cling on to 185 million euros stolen by former military dictator Sani Abacha who died 14 years ago.

Friday, 20 September 2013

Nigeria bases 2014 budget on higher growth

20 September 2013, 07:33

Next year's budget will assume economic growth of 6.75 percent and oil output of 2.39 million barrels per day, a fiscal plan said.

Thursday, 19 September 2013

Nigeria to spend $6 billion on 2013 fuel subsidy

19 September 2013, 10:11

Nigeria will spend a total of 971 billion naira on fuel subsidy payments in 2013, the finance minister said.

Okonjo-Iweala refuses to resign

19 September 2013, 11:25

Dr. Ngozi Okonjo-Iweala, Co-ordinating Minister and Minister of Finance, has brushed aside calls for her resignation, saying the economy is doing well.

Wednesday, 11 September 2013

No more budgetary allocation for NAICOM

11 September 2013, 08:55

The Minister of State for Finance, Dr Yerima Ngama, said ithat the National Insurance Commission (NAICOM) would stop receiving budgetary allocation starting 2014.

Tuesday, 10 September 2013

Akpatason chastises government regarding ASUU

10 September 2013, 10:06

Peter Akpatason, the Akoko-Edo federal constituency representative in the House of Representatives, described the governments dealing with the ASUU as insensitive.

Monday, 22 July 2013

N3bn grant causes stir in movie industry

22 July 2013, 17:40

The Actors Guild of Nigeria appeared divided over the N3 billion grant by the Federal Government to assist the movie industry in the country.

Wednesday, 17 July 2013

400 000 barrels of oil lost daily

17 July 2013, 09:04

Nigeria’s economy is in a difficult position due to an estimated 400 000 barrels of crude oil that is lost daily because of vandalism and illegal bunkering.

Thursday, 11 July 2013

Government releases N8bn for distribution companies

11 July 2013, 13:02

The Federal Government has released N8.27 billion for Distribution Companies (DISCOs) and Power Generating Companies (GENCOS).

Tuesday, 09 July 2013

Nigeria to get $1 billion infrastructure loan from China

09 July 2013, 08:37

President Goodluck Jonathan's presidential visit to China will finalize $1.1 billion in low-interest loans for much-needed infrastructure

Wednesday, 03 July 2013

Reps summon Okonjo-Iweala

03 July 2013, 11:04

The House of Representatives summoned Finance Minister Ngozi Okonjo-Iweala over comments on 2013 amendment budget.

Tuesday, 11 June 2013

Okonjo-Iweala rebuffs critics

11 June 2013, 08:27

Finance Minister Ngozi Okonjo-Iweala used a sponge cake representing GDP to rebuff critics.

Saturday, 08 June 2013

Nigeria aims to reduce domestic borrowing

08 June 2013, 08:36

Nigeria plans to reduce its domestic borrowing next year while increasing cheaper overseas debt to lower costs in the economy.

Friday, 24 May 2013

FG releases N200bn for second quarter projects

24 May 2013, 13:18

The Federal Government has released N200bn for the second quarter capital projects.

Tuesday, 21 May 2013

'No supplementary budget for military operations'

21 May 2013, 15:04

The Federal Government said it won't prepare another supplementary budget for military operations in the three states that have been under emergency rule.

Thursday, 18 April 2013

Nigeria external reserves still above $48bn

18 April 2013, 17:10

The Central Bank of Nigeria (CBN) has said that Nigeria’s external reserves stood at 48.76 billion dollars (N75.57 trillion) as at April 16.

Friday, 15 March 2013

FG releases N400bn for capital projects

15 March 2013, 14:10

The Federal Government has released N400bn for the execution of capital projects in the first quarter of the year.

Thursday, 07 March 2013

Collectible revenue projected at N11trn

07 March 2013, 17:04

Finance Minister, Ngozi Okonjo-Iweala, said that the gross federally collectible revenue in 2013 budget was projected at N11.34 trillion.

Thursday, 28 February 2013

Okonjo-Iweala replies Clinton, others

28 February 2013, 11:00

Finance Minister, Ngozi Okonjo-Iweala, has replied critics of the Nigerian economy saying the economy is buoyant and strong.

Tuesday, 19 February 2013

Nigeria approves N10bn for Conditional Cash Transfer Scheme

19 February 2013, 14:12

The Federal Government has approved N10 billion for the Conditional Cash Transfer Scheme, aimed at developing various sectors.

Wednesday, 13 February 2013

President will not sign budget this week – Minister

13 February 2013, 14:07

The Minister of Finance has said President Goodluck Jonathan will not be able to sign the 2013 budget into law this week.

Tuesday, 05 February 2013

Okonjo's kidnapper arraigned

05 February 2013, 15:04

A member of the 10-man kidnap gang that allegedly abducted the Prof. Kamene Okonjo, mother of Finance Minister was arraigned on a four-count charge.

Tuesday, 15 January 2013

Nigeria seeks World Bank support on job creation

15 January 2013, 12:04

The Federal Government has solicited the support of the World Bank for its job creation efforts in the country.

Thursday, 10 January 2013

2 arrested over Okonjo's kidnap

10 January 2013, 15:10

Two persons who were allegedly instrumental to the kidnap of Kamene Okonjo, mother of Finance Minister, Ngozi Okonjo-Iweala, have been arrested.

Tuesday, 08 January 2013

Fuel subsidy account empty

08 January 2013, 12:04

The subsidy account with the Central Bank of Nigeria is yet to be financed by the Minister of Finance, Ngozi Okonjo-Iweala.

Tuesday, 18 December 2012

Subsidy claims reason Okonjo-Iweala's mother was kidnapped

18 December 2012, 08:31

Minister of Finance Dr. Ngozi Okonjo-Iweala has revealed that her mother was kidnapped because she refuses to pay subsidy claims.

Friday, 14 December 2012

Army arrests 63 in hunt for Okonjo's mother

14 December 2012, 08:26

The army said that soldiers had arrested 63 people in raids as they searched for the finance minister's 82-year-old mother.

Finance minister's mother freed: security source

14 December 2012, 11:43

Finance Minister Ngozi Okonjo-Iweala's mother has been freed, five days after she was kidnapped from her home in southeastern Nigeria.

Thursday, 13 December 2012

Policemen held over kidnap of Okonjo's mother

13 December 2012, 08:18

Two policemen have been arrested on suspicion of helping kidnappers who seized Kamene Okonjo, the finance minister's 82-year-old mother, the force said.

FG earmarks N3bn to create jobs for women

13 December 2012, 11:10

The Federal Government has devoted N3billion to create jobs for women next year.

Wednesday, 12 December 2012

Okonjo’s kidnap: Police not party to negotiation

12 December 2012, 10:02

Delta Commissioner of Police says the command is not party to any negotiation for ransom over the kidnap of Prof. Kamene Okonjo.

Monday, 10 December 2012

Gunmen abduct Okonjo-Iweala’s mother

10 December 2012, 11:02

Unknown gunmen have kidnapped the mother of the Minister of Finance, Ngozi Okonjo-Iweala.

Okonjo’s son blames security lapse for kidnap

10 December 2012, 15:02

One of the children of the Okonjo family, Mr Onyema Okonjo has blamed security lapses for the kidnap of his mother, Kanenne Okonjo.

Okonjo's kidnap: Abductors demand N1bn ransom

10 December 2012, 17:32

Kidnappers of the mother of Minister of Finance, Ngozi Okonjo Iweala have demanded for a ransom of N1billion for her release.

Monday, 03 December 2012

84 stockbrokers to get debt relief

03 December 2012, 16:14

The Minister of Finance, Ngozi Okonjo-Iweala, says 84 stockbrokers would be recommended for debt relief.

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