Tags: Ministry of Finance

Release Funds to FERMA for Urgent Road Maintenance, Senate Tells Finance Ministry

The Senate has urged the Federal Ministry of Finance to, as a matter of urgency, release adequate funds to the Federal Road Maintenance Agency (FERMA) for the purpose of carrying out emergency repairs on all federal roads in the country. The chamber also called on the Federal Government to immediately declare a state of emergency…

Jonathan Never Squandered Foreign Reserves—FG

Following claims made by former president, Olusegun Obasanjo, that President Goodluck Jonathan has squandered Nigeria’s foreign reserves, the Federal Government, through the Ministry of Finance, has rubbished the claims in defence of the president. The Finance Ministry, via a statement issued to clarify the facts regarding the country’s Excess Crude Account and foreign reserves, explained…