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Tag Archives: Kemi Adeosun

Gwarzo’s Suspension: I won’t succumb to blackmail – Adeosun

kemi-adeosun

Finance Minister, Kemi Adeosun has said that she would not be intimidated by a lot of reactions trailing the suspension of the Director General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo. In a statement signed by her Media Adviser, Oluyinka Akntunde and made available to Economic Confidential in Abuja said the decision to suspend Gwarzo was in order. ...

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Maina’s Salary Stopped Since March 2013 – Adeosun

Abdulrasheed-Maina

The Minister of Finance, Mrs. Kemi Adeosun, on Thursday, revealed that the Federal Government stopped the payment of salary to the former Chairman of the Pension Task Force Team, Mr. Abdulrasheed Maina, in March 2013. The minister made this disclosure in Abuja while appearing before the House of Representatives’ Ad-Hoc Committee Investigating the Disappearance, Re-appearance, Re-instatement and Promotion of Maina. ...

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Adeosun suspends DG SEC, 2 others

Kemi Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, has suspended the Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir H. Gwarzo, from Office, to allow for an unhindered investigation of several allegations of financial impropriety leveled against the Director-General. The suspension is in line with the Public Service Rules (PSRs) 03405 and 03406. A statement by the ministry says ...

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Original Ikoyi Whistleblower Heads to Court

Court logo

The battle for the payment of 5 percent entitlements to the original whistleblowers of the Ikoyi loot has continued as the petitioners have headed to the Federal High Court, Abuja Division to seek for justice as both the Finance Minister and the Attorney General of the Federation(AGF), who had earlier received petitions and appeals had remained silent in this era ...

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VAIDS:  FG Deploys Over 1,700 CTLOs to 33 States – Adeosun

Tax

The Federal Government has recruited and trained 2,190 Community Tax Liaison Officers (CTLOs) under the Voluntary Assets and Income Declaration Scheme (VAIDS), the Minister of Finance, Mrs. Kemi Adeosun, has revealed. The Minister has also confirmed the review of the tax profiles of companies that received major payments from the Federal Government in the last five years. Adeosun made this ...

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Ministry Insists Procedures Followed In Granting Import Duty Waivers

Kemi Adeosun

ABUJA – The Federal Ministry of Finance has strongly denied that the Minister, Mrs Kemi Adeosun, refused to grant import duty waivers to some importers and NGOs for drugs and health commodities imported into the country. In a statement on Sunday, the Ministry described as spurious claims that the Minister refused to grant import duty waivers in respect of drugs, ...

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Nigeria floats $3bn dual-tranche bond

Kemi Adeosun

Nigerian Government on Monday announced that it has priced its offering of US$3 billion aggregate principal amount of dual series notes under its US$4.5 billion Global Medium Term Note programme (increased from US$1.5 billion). The Notes comprise a US$1.5 billion 10-year series and a US$1.5 billion 30-year series. The 10-year series will bear interest at a rate of 6.5%, while ...

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Don’t Pay Yet, Original Ikoyi Whistleblowers Tell Finance Minister

kemi-adeosun

The controversies surrounding the payment of the 5% commission to the whistleblowers who gave the Economic and Financial Crimes Commission (EFCC) leads towards the recovery of $43.4 million, N23.3 million and 27,800 Euros at the Osborne Towers in Ikoyi, Lagos  is still raging as the original whistleblowers have written the  Minister of Finance, Mrs Kemi Adeosun to stop the proposed ...

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Adeosun, Foreign Investor Hold Talks on Cotton Textile Industry

Adeosun investors textile industry

Dutch textile and design company, Vlisco Group on Tuesday held a high-level discussion with the Honourable Minister of Finance, Mrs. Kemi Adeosun, over its proposed investment in the Nigerian cotton textile industry. The Chief Executive Officer of Vlisco Group, Mr. David Suddens, who led the group’s delegation to the meeting with Minister, said the investment would boost growth and jobs ...

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Ikoyi recovery: Why whistleblower has not been paid – Adeosun

kemi-adeosun

The Minister of Finance, Mrs Kemi Adeosun Sunday, said that the Federal Government has not withheld any fund due to any whistleblower. Mr Oluyinka Akintunde, Media Adviser to the Minister, stated this while reacting to why the whistleblower, who provided the tips that led to the recovery of funds stashed away in a property in Ikoyi, Lagos State has not ...

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