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FEDERAL MINISTRY OF FINANCE
The Federal Ministry of Finance has rejected claims regarding the collapse of a potential $5 billion forward sale of crude oil involving the Nigerian National Petroleum Company Limited (NNPC Ltd.).
The Coordinating Minister of the Economy and Minister of Finance, Mr Wale Edun, has called on top management staff of the Federal Ministry of Finance to take the lead in driving reforms that will push Nigeria’s economic growth to 7% per annum.
The Federal Ministry of Finance has firmly denied allegations that it awarded N13 billion in contracts without due process, emphasizing its strict adherence to existing procurement regulations.
The building housing the Federal Ministry of Finance is currently on fire.
FG has warned Nigerians to beware of scammers using phishing links to defraud unsuspecting members of the public.
As a fall out of the fire incident that recently gutted the office of the Accountant-General of the Federation, the Federal Government has denied news making the rounds that it lost the sum of N700 billion COVID-19 relief funds to the incident.
Nigeria spent a whooping N1.11 trillion to cover debt service obligations in the first six months of the year 2019.