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Minister: Nigerian government providing tax reliefs to female based MSMEs


TODAY
March 8, 2021
As the world marks the International Women’s Day on Monday, the Federal Government says it has been providing tax reliefs and other support to micro, small and medium enterprises (MSMEs), many of which are women-owned through the implementation of Finance Acts 2019 and 2020.
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this in her Goodwill Message at the 2021 International Women’s Day Commemoration: National Policy Dialogue, held in Abuja on Monday.
She said: “We are also working to ensure that our public financial management processes are more gender-sensitive, and that credible disaggregated data is available. Such a focus will yield sustainable and scalable change.” ....

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Nigeria has $5.83bn undisbursed foreign loans – DMO


Punch Newspapers
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Everest Amaefule
Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed, the Debt Management Office has said.
The DMO on its portal on Sunday listed a number of foreign loans that were to be disbursed as of December 31, 2020.
The disbursement of the loans will take the country’s total foreign debt commitment to more than $37.8bn.
Our correspondent reports that the country’s external debt as of September 30, 2020 stood at $31.99bn.
The outstanding loans from the group stands at about $3.27bn.
Another $1.25bn is supposed to come from the Export-Import Bank of China. Apart from multilateral agencies, China has remained the nation’s largest creditor. ....

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