Ngozi Okonjo-Iweala, the minister of finance has presented the 2015 budget estimates of about N4.3trillion to the National Assembly. Okonjo-Iweala, who laid the document in separate appearances before the Senate and the House of Representatives, did not make any speeches while presenting the budget. Bright Okogwu, the Director-General, Budget Office of the Federation and some…
FG To Raise N480bn From Luxury Tax
The Federal Government is set to raise additional revenue of N480bn within the next three years from the implementation of the tax on luxury goods and other austerity measures recently announced by Ngozi Okonjo-Iweala, Minister of Finance. The minister had on November 16 announced the measures following the persistent drop in the price of crude…
Okonjo-Iweala wins African Finance Minister of the Year
The Minister of Finance, Dr Ngozi Okonjo-Iweala, was on Friday named African Finance Minister of the year for her outstanding performance in office. The award was presented to her by the African Investor Magazine on the sideline of the ongoing annual meetings of the World Bank and the International Monetary Fund, IMF, in Washington DC.…
