Kemi Adeosun

Nigeria’s informal economy accounts for 65% of GDP – IMF

Unregistered household enterprises comprise a significant portion of Nigeria’s economy, accounting for as high as 65 percent of GDP, says…

Exclusive! Nigeria finance ministry stalls pensioners’ verification, enrollment as it holds back funding  

Nigeria’s finance ministry has been fingered for non-release of funds to the Pension Transitional Directorate (PTAD) to carry out its statutory function…

Lagos alone contributes 55% of Nigeria VAT collections but receives less on few number of councils

Kemi Adeosun, minister for finance, says more than half of Nigeria’s value added tax (VAT) comes from Lagos state alone.…

Nigeria’s economy seen coming out of recession as manufacturing index expand for the fourth consecutive month

The manufacturing purchasing managers’ index (PMI), an indicator of the economic health of the manufacturing sector increased to 54.1 index…

Nigeria will borrow more to implement FG recovery plan- Finance minister

Nigeria has no choice, but to continue to borrow in order to implement the Federal Government’s Economic Recovery and Growth…

FG to generate $1 billion from tax evasion amnesty -finance ministry

A new scheme that would give tax evaders a chance to make restrospective payments of what they owe is being…

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