Nigeria is in deep revenue crisis – New Finance Minister



The newly appointed Supervising Minister of the Ministry of Finance, Hajiya Zainab Ahmed, has revealed that Nigeria is currently facing a serious revenue challenge.

The minister who officially resumed duties on Monday, vowed to work assiduously to the country attains greater economic stability.

Ahmed made the pledge during a meeting with the Permanent Secretary and directors of the ministry, where she noted that the ministry has what it takes to address the country’s revenue challenges.


[penci_blockquote style=”style-2″ align=”none” author=””]“The President has a lot of confidence that we can do this if we work together. You are working for the president and at the end of the day, you’re working for the benefit of the citizens,” she said.[/penci_blockquote]

She told the officials that it is the responsibility of the ministry to do everything possible to shore up the revenue base of the country and charged the management staff to justify the confidence of the President in their ability to achieve much needed economic turnaround in the country.

“We have very serious revenue challenges and it is up to us to make sure we shore up the revenue base of the country.

“The President has a lot of confidence that we can do this if we work together. You are working for the president and at the end of the day, you’re working for the benefit of the citizens,” she said.

Ahmed expressed her readiness to ensure harmonious working relationship with the permanent secretary and management of the ministry whom she said, are highly skilled.


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The Permanent Secretary, Dr. Mahmoud Isa-Dutse, who welcomed the supervising minister, assured the Minister of the readiness of the management and staff of the Ministry to give her the needed support in her duties.

Until her new appointment, the Supervising Minister of Finance, was the Minister of State for Budget and National Planning. President Buhari appointed her following the resignation of former Minister of Finance, Mrs. Kemi Adeosun, last Friday.

The supervising minister is a Fellow of the Association of National Accountants of Nigeria (ANAN), a member of the Nigerian Institute of Taxation and the Nigerian Institute of Management. (NIM)

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