Federal ministry of finance latest news

Here are some of the latest news and updates from the Federal Ministry of Finance in Nigeria:

Recent Press Releases:

  1. Federal Government to Implement New Tax Regime: The Federal Ministry of Finance has announced plans to implement a new tax regime aimed at increasing revenue and reducing tax evasion. The new regime will introduce a new tax rate of 7.5% for companies and 5% for individuals. (Source: Vanguard News)
  2. FG Approves N2.3 Trillion Budget for 2023: The Federal Ministry of Finance has approved a budget of N2.3 trillion for 2023, which represents a 15% increase from the 2022 budget. The budget is aimed at promoting economic growth and development. (Source: Leadership Newspaper)
  3. Federal Government to Launch Digital Tax Platform: The Federal Ministry of Finance has announced plans to launch a digital tax platform aimed at simplifying tax payment and reducing tax evasion. The platform will allow taxpayers to pay their taxes online and track their payments. (Source: ThisDay Live)

Recent Statements:

  1. Minister of Finance, Zainab Ahmed, Speaks on Economy: The Minister of Finance, Zainab Ahmed, has spoken on the state of the Nigerian economy, saying that the government is working to address the challenges facing the economy, including inflation and unemployment. (Source: Punch Newspaper)
  2. FG to Implement Fiscal Discipline: The Federal Ministry of Finance has announced plans to implement fiscal discipline to reduce the country's debt burden and promote economic growth. The ministry has also called on state governments to adopt similar measures. (Source: Daily Trust)

Recent Reports:

  1. Nigeria's Debt Profile Rises to N32.9 Trillion: A recent report by the National Bureau of Statistics (NBS) has shown that Nigeria's debt profile has risen to N32.9 trillion, with the federal government accounting for 92% of the debt. (Source: NBS)
  2. FG to Review Tax Incentives: The Federal Ministry of Finance has announced plans to review tax incentives given to companies to ensure that they are aligned with the country's economic development goals. The review is aimed at promoting economic growth and reducing tax evasion. (Source: BusinessDay)

Please note that these are just a few examples of recent news and updates from the Federal Ministry of Finance in Nigeria, and are subject to change.