Inspiration 92.3 FM

December 15, 2022

December 15, 2022 IFMNEWS

Whistle Blower Policy: FEC Approves 2022 Draft, Says Response Has Lost Momentum

The Federal Executive Council (FEC) has reviewed and approved the 2022 draft whistle blower bill to strengthen the fight against corruption and protect whistle blowers who provide information used by the government.

Minister of finance, Zainab Ahmed disclosed this after the FEC meeting chaired by the Vice President, Professor Yemi Osinbajo.

She also stated that the review became imperative because the Whistle blower policy response has become weak.

She also spoke about the effect of the redesigned naira notes on the economy.

October 27, 2022

October 27, 2022 Inspiration 92.3 FM

How FG Is Tackling Growing Inflation — Finance Minister, Ahmed

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has disclosed that mechanisms have been put in place to tackle the growing inflation in Nigeria.

Ahmed, who made the disclosure while appearing before the House of Representatives Committee on Finance for the 2023 budget defense, pointed out that rising price of diesel is affecting food prices.

While responding to the question by the Chairman of the Committee, James Faleke, on efforts to arrest the growing inflation in the country, the Minister blamed the ongoing Russian and Ukraine war and the decision of some Central Banks in advanced countries.

May 19, 2022

May 19, 2022 IFMNEWS

Federal Government Suspends Accountant-General Of The Federation Indefinitely Over 80 Billion Naira Fraud

The Accountant General of the Federation, Ahmed Idris, who has been suspended indefinitely.

Idris was suspended today by the Minister of Finance, Budget and National Planning, Zainab Ahmed.

His suspension followed his indictment for fraud worth 80 billion naira by the Economic and Financial Crimes Commission (EFCC).

EFCC’s spokesman, Wilson Uwajaren, had confirmed Idris’s arrest on Monday.

The anti-graft agency stated that Idris allegedly diverted funds and laundered 80 billion naira.

March 16, 2022

March 16, 2022March 16, 2022 IFMNEWS

Minister Of Finance Says FG Will Borrow To Fund Petrol Subsidy In 2022

As the dust raised over the scarcity of Premium Motor Spirit, popularly called petrol at filling stations nationwide gradually begins to settle, the Minister of Finance, ZAINAB AHMED, has said the federal government would target more local borrowing in 2022 to fund subsidy payments on petrol.

The Finance minister also said government will use $2.2 billion of the fund raised via eurobond to cater for petrol under-recovery costs.

Disclosing this while speaking on the sidelines of an Arab-African conference in Cairo, ZAINAB AHMED said that the government was working with lawmakers to boost revenues and that the rise in oil prices means that borrowings will increase more than planned.

The government had planned to stop subsidy payments on petroleum products from July this year but reversed its decision in January, extending it by 18 months instead.

It subsequently budgeted about N3 trillion for petrol subsidy in 2022.

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Tag: Zainab Ahmed

Whistle Blower Policy: FEC Approves 2022 Draft, Says Response Has Lost Momentum

How FG Is Tackling Growing Inflation — Finance Minister, Ahmed

Federal Government Suspends Accountant-General Of The Federation Indefinitely Over 80 Billion Naira Fraud

Minister Of Finance Says FG Will Borrow To Fund Petrol Subsidy In 2022

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