Udo Udoma said : “About $4.73 billion worth of investment has been identified in the agriculture and transport focus labs with a potential to create about 129, 000 jobs; $9.25 billion investment with potential of 378, 000 jobs was identified in the manufacturing and processing labs, while $8.57 billion worth of investment will come from power and gas, with potential of crating up to 7, 000 jobs”

guardian-ng Wednesday, December 4, 2019 7:19:00 AM EAT

Udo Udoma said : “The amount of capital releases as at today [October 10, 2018] is N460b. We just need a resolution of the National Assembly on the Borrowing Plan; then we can fund it more”

vanguardngr Monday, July 22, 2019 8:56:00 AM EAT

Udo Udoma said : “The Department of Petroleum Resources (DPR) has been directed to, within three months, complete the collection of past-due oil licence and royalty charges, including those due from Nigerian Petroleum Development Company (NPDC) (a subsidiary of NNPC), which it had agreed to pay since 2017,”

onlinenigeria Wednesday, June 26, 2019 2:48:00 PM EAT

Udo Udoma insists : “We don’t have a debt problem, we have a revenue problem,”

economist Thursday, May 30, 2019 9:18:00 PM EAT

Udo Udoma noted : “the 2019 Budget seeks to continue the reflationary and consolidation policies of the 2017 and 2018 Budgets respectively, which helped put the economy back on the path of growth. On the expenditure side, allocations to Ministries, Departments and Agencies (MDAs) of Government were guided by the three core objectives of the ERGP, which are, (i) Restoring and Sustaining Growth; (ii) Investing in our People and (iii) Building a Globally Competitive Economy. As with 2016, 2017 and 2018 Budgets, the 2019 Budget has been prepared on the Zero Based Budget (ZBB) Principles”

thenationonlineng Tuesday, May 28, 2019 6:14:00 PM EAT

Udo Udoma stated : “the overall revenue performance is only 55 percent of the target in the 2018 Budget partly because some one-off items such as the N710 billion from Oil Joint Venture Asset restructuring and N320 billion from revision of the Oil Production Sharing Contract legislation/terms are yet to be actualized and have thus been rolled over to 2019. Of the total appropriation of N9.12 trillion, N6.938 trillion was spent. This represents 79% performance”

thenationonlineng Tuesday, May 28, 2019 6:14:00 PM EAT

Udo Udoma said : “This will require a very close working relationship of trust and synergy between the two arms of government. Unfortunately, we were unable to achieve this in the last four years,”

leadership Wednesday, May 22, 2019 5:28:00 AM EAT

Udo Udoma said : “It is my hope that the seeds we are currently laying will propel us to achieve our 7 per cent GDP growth target in the course of Mr. President’s second term,”

thisdayonline Wednesday, May 22, 2019 12:47:00 AM EAT

Udo Udoma expressed : “We must look inwards, we must increase local production and at the very least, we must try and make sure that at least we can feed ourselves and produce enough for export and that is why agriculture is such an important element of the economic recovery and growth plan”

thisdayonline Wednesday, May 22, 2019 12:47:00 AM EAT

Udo Udoma said : “Ministry of Finance was able to release, for capital spending, the sum of N1.2 trillion under the 2016 budget, the sum of N1.58 trillion under the 2017 budget and, as at 8th May 2019 the sum of N1.55 trillion has been released under the 2018 budget”

tribuneonlineng Tuesday, May 21, 2019 10:01:00 PM EAT

Udo Udoma said : “We increased budgetary allocations to capital expenditure – from 16.1% in 2015 to 30.2% in 2016, 31.7% in 2017, 315% in 2018 and 26% in 2019- with priority given to the key execution priorities of the Economic Recovery Growth Plan, ERGP. We were also able to increase our capital releases,”

tribuneonlineng Tuesday, May 21, 2019 10:01:00 PM EAT

Udo Udoma explained : “This programme has also provided direct jobs to 101,913 catering staff engaged under the scheme; 297,973 poor Nigerians across 20 States, have benefited from the N5,000 Conditional Cash Transfer Scheme and 3,517 community facilitators have been trained; 500,000 graduates are benefiting from the N-Power programme and are paid N30,000 monthly; while 20,000 non-graduates in the N-Build category are either currently in training or serving as intern,”

tribuneonlineng Tuesday, May 21, 2019 10:01:00 PM EAT

Udo Udoma said : “At the State of the African Region, discussions centered on the role of regional cooperation in tackling fragility in Africa. A major takeaway was the need to pay attention to women empowerment and education of the girl child, as these have positive implications in dealing with fragility and reducing conflicts. As you know, investing in our people and the issue of girl-child education are some of the objectives of the Economic Recovery and Growth Plan,”

ngrguardiannews Monday, April 15, 2019 7:54:00 AM EAT

Udo Udoma said : “When you are moving backwards it takes a lot of efforts to stop the decline and reverse it and when it is reversed, at the beginning, it moves slowly. It takes time for momentum to build up and that is why the growth is still a little slow,”

thisdayonline Monday, April 15, 2019 7:10:00 AM EAT

Udo Udoma said : “Our debts are sustainable. We do have a revenue challenge and we are focusing on that. Once the revenues come up, it will be obvious that we don’t have a debt problem at all”

saharareporters Thursday, April 11, 2019 4:22:00 PM EAT

Udo Udoma said : “With regard to the budget, we are happy to see the focus of the National Assembly on the budget and we look forward to whenever it is passed and the executive receiving it”

ngrguardiannews Thursday, April 11, 2019 8:39:00 AM EAT

Udo Udoma said : “The idea is to ensure that our youths are trained and capable of handling all these electronic equipment, ”

onlinenigeria Thursday, April 4, 2019 1:59:00 PM EAT

Udo Udoma said : “So, it is important we maximise our oil production now that it has good value, and we are on course,”

guardian-ng Thursday, March 28, 2019 12:12:00 AM EAT

Udo Udoma said : “It is important that we are able to pay the minimum wage and still have enough resources to do infrastructure. The committee has virtually completed its work,”

thisdayonline Sunday, March 24, 2019 5:54:00 AM EAT

Udo Udoma told : “There may be some changes in VAT and other things. But we will be coming to you in order to make sure that we can fund the minimum wage,”

dailytrust Thursday, March 21, 2019 8:04:00 AM EAT

Udo Udoma stated : “It is important that we are able to pay the Minimum Wage and still have enough resources to do infrastructure. The Committee has virtually completed its work”

dailypost Tuesday, March 19, 2019 10:16:00 PM EAT

Udo Udoma said : “Even though it recovered somewhat to N7.17 trillion and N9.17 trillion in 2019 and 2018, it is still low compared to the amount in 2014,”

thenationonlineng Tuesday, March 19, 2019 8:21:00 PM EAT

Udo Udoma said : “The newly adopted Water Supply and Sanitation Policy and the state’s new water law are highly commendable,”

nigerianobservernews Thursday, March 14, 2019 8:47:00 PM EAT

Udo Udoma said : “The newly adopted Water Supply and Sanitation Policy and the state’s new water law are highly commendable,”

thenationonlineng Thursday, March 14, 2019 5:45:00 PM EAT

Udo Udoma said : “Childhood immunisation is one of the most effective and cost-effective health interventions, and I can think of few better long-term investments in Nigeria’s human capital and future prosperity,”

peoplesdaily-online Thursday, January 31, 2019 11:00:00 AM EAT

Udo Udoma said : “Childhood immunisation is one of the most effective and cost-effective health interventions, and I can think of few better long-term investments in Nigeria’s human capital and future prosperity,”

leadership Wednesday, January 30, 2019 6:37:00 AM EAT

Udo Udoma said : “Childhood immunisation is one of the most effective and cost-effective health interventions, and I can think of few better long-term investments in Nigeria’s human capital and future prosperity,”

thenationonlineng Tuesday, January 29, 2019 7:01:00 PM EAT

Udo Udoma said : “The DG and his team and the Board are doing well in NIMASA. They have transformed the organisation. I will also like to congratulate the Minister of Transportation because it is through his guidance and supervision that all these transformations have taken place. He is an action man, somebody that makes things happen. I will like to congratulate all the award winners; you should all keep up the good work”

tribuneonlineng Thursday, January 17, 2019 12:16:00 PM EAT

Udo Udoma said : “The DG and his team and the Board are doing well in NIMASA. They have transformed the organisation. I will also like to congratulate the Minister of Transportation because it is through his guidance and supervision that all these transformations have taken place,”

marinelink Monday, January 14, 2019 10:05:00 AM EAT

Udo Udoma said : “Most of these jobs will be created in the private sector, particularly in agriculture, construction, manufacturing, trade and services,”

thenationonlineng Monday, January 14, 2019 3:15:00 AM EAT

Udo Udoma said : “As at 14th December 2018, a total of N820.57 billion had been released for capital projects. Spending on capital has been prioritised in favour of critical ongoing infrastructural projects in the power, roads, rail and agriculture sectors. Implementation of the 2018 Capital Budget will continue into 2019 until the 2019 budget is passed into law,”

thenationonlineng Monday, January 7, 2019 2:37:00 AM EAT

Udo Udoma said : “We have allocated N2.28 trillion for capital spending, inclusive of capital in statutory transfers. For comprehensiveness and transparency, the expenditure plans of the top 9 Government Owned Enterprises, GOEs, as well as Multi-lateral and Bi-lateral project-tied loans have been integrated into the 2019 – 2021 Medium Term Fiscal Framework. With the inclusion of N275.88 billion representing capital for the top-nine GOEs and N556.02 billion for Multi-lateral/Bi-lateral project-tied loans, the aggregate capital budget is N3.12 trillion. This represents 30 percent of the total FGN proposed expenditure for 2019. In order to get full value for monies expended by the Government over time and to avoid duplication and waste, our emphasis will continue to be on completion of existing projects. Accordingly, provisions have been made to carry over projects that are not likely to be fully funded under the 2018 budget to the 2019 capital budget”

vanguardngr Friday, December 21, 2018 7:20:00 AM EAT

Udo Udoma disclosed ( about Crude Account ) : “the Federal Government has sustained its efforts to improve public financial management through the comprehensive implementation of the: Treasury Single Account (TSA), the Government Integrated Financial Management Information System (GIFMIS) and the Integrated Payroll and Personnel Information System (IPPIS)”

thenationonlineng Friday, December 21, 2018 2:40:00 AM EAT

Udo Udoma said : “About $4.73 billion worth of investment has been identified in the agriculture and transport focus labs with a potential to create about 129, 000 jobs; $9.25 billion investment with potential of 378, 000 jobs was identified in the manufacturing and processing labs, while $8.57 billion worth of investment will come from power and gas, with potential of crating up to 7, 000 jobs”

vanguardngr Monday, December 17, 2018 8:39:00 AM EAT

Udo Udoma told : “Our projection for the economic growth this year is 2 percent, we believe it will be achieved, and that of next (year), which is projected at 3 percent, will also be achieved,”

standardmedia Thursday, December 13, 2018 9:53:00 AM EAT

Udo Udoma told : “Our projection for the economic growth this year is two per cent, we believe it will be achieved, and that of next (year), which is projected at three per cent, will also be achieved. Our plans are working,”

thenationonlineng Thursday, December 13, 2018 2:31:00 AM EAT

Udo Udoma said : “The cost of retaining the Malaysian consultants will be N458m. It is going to cover about three months. The duration of the lab is expected to last a minimum of 13 weeks. It will cover three phases – pre- lab activities for four weeks, phase two construction of the labs themselves-6 weeks and Phase three, post lab activities three weeks and you will have for each labs at least a 100 people from a cross section of the public and private sectors. So, that is the structure of the lab. So, they will do the pilot one. Subsequent labs will not be by them. They will help us, they will bring their international connections, reach and give it credibility. 500,000 dollars per lab”

peoplesdaily-online Thursday, November 16, 2017 10:45:00 AM EAT

Udo Udoma said : “I also informed council of the release of the Economic Recovery Growth Plan which is already on the website of the ministry of budget and National Planning as well as the Budget Office,”

onlinenigeria Thursday, March 9, 2017 2:04:00 PM EAT

Udo Udoma said : “We look forward to the early passage of the 2017 budget so that we can fast-track the implementation of the plan. As you know the plan fell into the 2017 budget. So many of the initiatives in the plan are reflected in the budget”

sunnewsonline Thursday, March 9, 2017 10:52:00 AM EAT

Udo Udoma confirmed : "there is no increase in value-added tax, there is no increase in corporate income tax, there is no increase at all in taxes, but people who are not paying taxes must be made to pay. So the idea is to increase revenue by broadening the tax base, not by increasing taxes"

www.tax-news Friday, February 17, 2017 10:05:00 PM EAT

Udo Udoma said : “The goal of the plan is to have an economy with low inflation, stable exchange rate and a diversified inclusive and sustaining growth. The proposed initiatives outlined in the plan are designed to address the country’s poor competitiveness, improve business environment and attract investment and infrastructure, especially power, roads, rails and ports”

sunnewsonline Thursday, February 16, 2017 4:48:00 AM EAT

Udo Udoma said : “a view has been expressed that we should not increase taxes, that we should broaden tax collection instead, that is precisely what is in the budget”

onlinenigeria Tuesday, February 14, 2017 7:06:00 AM EAT

Udo Udoma said : “Uphold core values. The economic recovery and growth plan is rooted in the core values that define Nigerian society and are enshrined in the 1999 Constitution, notably discipline, integrity, dignity of Labour, social justice, religious tolerance, self reliance and patriotism”

leadership Monday, February 6, 2017 8:45:00 PM EAT

Udo Udoma said : "seek a dramatic shift from spending on recurrent expenditures to spending on capital aspects of the budget,"

bulawayo24 Saturday, January 14, 2017 2:45:00 AM EAT

Udo Udoma said : “I reassure you that government is determined to bring succour to our people and the only way we can do this is by taking strong action to change, in a fundamental way, the current trajectory of the Nigerian economy”

sunnewsonline Monday, December 26, 2016 7:57:00 AM EAT

Udo Udoma said : “Based on the key assumptions and budgetary reform initiatives, the 2017 Budget envisages a total revenue of N4.94 trillion, exceeding FY 2016 projection by 28%. The Projected revenue receipt from oil is N1.985 trillion and Non-oil is N1.373 trillion. The contribution of oil revenue is 40.2% compared to 19% in FY 2016 driven mainly by JVC cost reduction, higher price, exchange rate and additional oil related revenues”

saharareporters Tuesday, December 20, 2016 8:31:00 PM EAT

Udo Udoma said : “The increase in infrastructure spending is expected to enhance revenue generation opportunities and over time significantly reduce deficit,”

saharareporters Tuesday, December 20, 2016 8:31:00 PM EAT

Udo Udoma added : “We are determined to take Nigeria from a consuming nation to a producing nation. That is why we are developing an economy recovery plan and that is our focus. We are committed to success,”

dailypost Saturday, December 17, 2016 2:51:00 PM EAT

Udo Udoma added : “We are determined to take Nigeria from a consuming nation to a producing nation. That is why we are developing an economy recovery plan and that is our focus. We are committed to success,”

dailypost Friday, December 16, 2016 1:22:00 PM EAT

Udo Udoma said : "seek a dramatic shift from spending on recurrent expenditures to spending on capital aspects of the budget,"

irishsun Saturday, November 26, 2016 12:02:00 PM EAT

Udo Udoma said : “We are encouraged by the direction of the non oil sector. In the oil sector, we believe fourth quarter will be better. We are looking forward to a fourth quarter that is better than third quarter,”

dailypost Thursday, November 24, 2016 8:03:00 PM EAT

Udo Udoma said : “We are encouraged by the direction of the non oil sector. In the oil sector, we believe fourth quarter will be better. We are looking forward to a fourth quarter that is better than third quarter,”

dailypost Wednesday, November 23, 2016 7:10:00 PM EAT

Udo Udoma stated : “The planning process also provides an opportunity to review the trajectory of the economy, especially in the context of regional and global developments,”

onlinenigeria Sunday, November 13, 2016 8:30:00 AM EAT

Udo Udoma said : “Senator Udoma is equally surprised that even after the newspaper that published the story, which quoted him as blaming the National Assembly for the delay in the presentation of the 2017 budget, has published that the reporter never spoke with the Minister, Senator Ndume still went ahead to make an issue out of the matter on the floor of the Senate,”

vanguardngr Friday, November 4, 2016 4:45:00 AM EAT

Udo Udoma said ( about Udo Udoma ) : "We want to make sure that as a cabinet, we have synergy and we look at the priorities for the government for the 2017 budget and make sure that in the light of the current economic situation that the budget is well structured to take us back on the path of growth. The minister said that with proper synergy from the ministers and their respective agencies, it would be possible for the cabinet to speak with one voice regarding the 2017 budget. Udoma traced the genesis of the current economic quackmire to a number of factors but gave an optimistic view that the adversity could be turned into an opportunity for growth and development. Finance Minister, Mrs. Kemi Adeosun, expressed the government's sympathy with Nigerians over the down turn in the economy but was quick to add that the administration was more serious in its intention and resolve to turn it around. The minister said: "

allafrica Monday, September 19, 2016 10:50:00 AM EAT

Udo Udoma said : “About $4.73 billion worth of investment has been identified in the agriculture and transport focus labs with a potential to create about 129, 000 jobs; $9.25 billion investment with potential of 378, 000 jobs was identified in the manufacturing and processing labs, while $8.57 billion worth of investment will come from power and gas, with potential of crating up to 7, 000 jobs”

guardian-ng Wednesday, December 4, 2019 7:19:00 AM EAT

Udo Udoma said : “The amount of capital releases as at today [October 10, 2018] is N460b. We just need a resolution of the National Assembly on the Borrowing Plan; then we can fund it more”

vanguardngr Monday, July 22, 2019 8:56:00 AM EAT

Udo Udoma said : “The Department of Petroleum Resources (DPR) has been directed to, within three months, complete the collection of past-due oil licence and royalty charges, including those due from Nigerian Petroleum Development Company (NPDC) (a subsidiary of NNPC), which it had agreed to pay since 2017,”

onlinenigeria Wednesday, June 26, 2019 2:48:00 PM EAT

Udo Udoma insists : “We don’t have a debt problem, we have a revenue problem,”

economist Thursday, May 30, 2019 9:18:00 PM EAT

Udo Udoma noted : “the 2019 Budget seeks to continue the reflationary and consolidation policies of the 2017 and 2018 Budgets respectively, which helped put the economy back on the path of growth. On the expenditure side, allocations to Ministries, Departments and Agencies (MDAs) of Government were guided by the three core objectives of the ERGP, which are, (i) Restoring and Sustaining Growth; (ii) Investing in our People and (iii) Building a Globally Competitive Economy. As with 2016, 2017 and 2018 Budgets, the 2019 Budget has been prepared on the Zero Based Budget (ZBB) Principles”

thenationonlineng Tuesday, May 28, 2019 6:14:00 PM EAT

Udo Udoma stated : “the overall revenue performance is only 55 percent of the target in the 2018 Budget partly because some one-off items such as the N710 billion from Oil Joint Venture Asset restructuring and N320 billion from revision of the Oil Production Sharing Contract legislation/terms are yet to be actualized and have thus been rolled over to 2019. Of the total appropriation of N9.12 trillion, N6.938 trillion was spent. This represents 79% performance”

thenationonlineng Tuesday, May 28, 2019 6:14:00 PM EAT

Udo Udoma said : “This will require a very close working relationship of trust and synergy between the two arms of government. Unfortunately, we were unable to achieve this in the last four years,”

leadership Wednesday, May 22, 2019 5:28:00 AM EAT

Udo Udoma said : “It is my hope that the seeds we are currently laying will propel us to achieve our 7 per cent GDP growth target in the course of Mr. President’s second term,”

thisdayonline Wednesday, May 22, 2019 12:47:00 AM EAT

Udo Udoma expressed : “We must look inwards, we must increase local production and at the very least, we must try and make sure that at least we can feed ourselves and produce enough for export and that is why agriculture is such an important element of the economic recovery and growth plan”

thisdayonline Wednesday, May 22, 2019 12:47:00 AM EAT

Udo Udoma said : “Ministry of Finance was able to release, for capital spending, the sum of N1.2 trillion under the 2016 budget, the sum of N1.58 trillion under the 2017 budget and, as at 8th May 2019 the sum of N1.55 trillion has been released under the 2018 budget”

tribuneonlineng Tuesday, May 21, 2019 10:01:00 PM EAT

Udo Udoma said : “We increased budgetary allocations to capital expenditure – from 16.1% in 2015 to 30.2% in 2016, 31.7% in 2017, 315% in 2018 and 26% in 2019- with priority given to the key execution priorities of the Economic Recovery Growth Plan, ERGP. We were also able to increase our capital releases,”

tribuneonlineng Tuesday, May 21, 2019 10:01:00 PM EAT

Udo Udoma explained : “This programme has also provided direct jobs to 101,913 catering staff engaged under the scheme; 297,973 poor Nigerians across 20 States, have benefited from the N5,000 Conditional Cash Transfer Scheme and 3,517 community facilitators have been trained; 500,000 graduates are benefiting from the N-Power programme and are paid N30,000 monthly; while 20,000 non-graduates in the N-Build category are either currently in training or serving as intern,”

tribuneonlineng Tuesday, May 21, 2019 10:01:00 PM EAT

Udo Udoma said : “At the State of the African Region, discussions centered on the role of regional cooperation in tackling fragility in Africa. A major takeaway was the need to pay attention to women empowerment and education of the girl child, as these have positive implications in dealing with fragility and reducing conflicts. As you know, investing in our people and the issue of girl-child education are some of the objectives of the Economic Recovery and Growth Plan,”

ngrguardiannews Monday, April 15, 2019 7:54:00 AM EAT

Udo Udoma said : “When you are moving backwards it takes a lot of efforts to stop the decline and reverse it and when it is reversed, at the beginning, it moves slowly. It takes time for momentum to build up and that is why the growth is still a little slow,”

thisdayonline Monday, April 15, 2019 7:10:00 AM EAT

Udo Udoma said : “Our debts are sustainable. We do have a revenue challenge and we are focusing on that. Once the revenues come up, it will be obvious that we don’t have a debt problem at all”

saharareporters Thursday, April 11, 2019 4:22:00 PM EAT

Udo Udoma said : “With regard to the budget, we are happy to see the focus of the National Assembly on the budget and we look forward to whenever it is passed and the executive receiving it”

ngrguardiannews Thursday, April 11, 2019 8:39:00 AM EAT

Udo Udoma said : “The idea is to ensure that our youths are trained and capable of handling all these electronic equipment, ”

onlinenigeria Thursday, April 4, 2019 1:59:00 PM EAT

Udo Udoma said : “So, it is important we maximise our oil production now that it has good value, and we are on course,”

guardian-ng Thursday, March 28, 2019 12:12:00 AM EAT

Udo Udoma said : “It is important that we are able to pay the minimum wage and still have enough resources to do infrastructure. The committee has virtually completed its work,”

thisdayonline Sunday, March 24, 2019 5:54:00 AM EAT

Udo Udoma told : “There may be some changes in VAT and other things. But we will be coming to you in order to make sure that we can fund the minimum wage,”

dailytrust Thursday, March 21, 2019 8:04:00 AM EAT

Udo Udoma stated : “It is important that we are able to pay the Minimum Wage and still have enough resources to do infrastructure. The Committee has virtually completed its work”

dailypost Tuesday, March 19, 2019 10:16:00 PM EAT

Udo Udoma said : “Even though it recovered somewhat to N7.17 trillion and N9.17 trillion in 2019 and 2018, it is still low compared to the amount in 2014,”

thenationonlineng Tuesday, March 19, 2019 8:21:00 PM EAT

Udo Udoma said : “The newly adopted Water Supply and Sanitation Policy and the state’s new water law are highly commendable,”

nigerianobservernews Thursday, March 14, 2019 8:47:00 PM EAT

Udo Udoma said : “The newly adopted Water Supply and Sanitation Policy and the state’s new water law are highly commendable,”

thenationonlineng Thursday, March 14, 2019 5:45:00 PM EAT

Udo Udoma said : “Childhood immunisation is one of the most effective and cost-effective health interventions, and I can think of few better long-term investments in Nigeria’s human capital and future prosperity,”

peoplesdaily-online Thursday, January 31, 2019 11:00:00 AM EAT

Udo Udoma said : “Childhood immunisation is one of the most effective and cost-effective health interventions, and I can think of few better long-term investments in Nigeria’s human capital and future prosperity,”

leadership Wednesday, January 30, 2019 6:37:00 AM EAT

Udo Udoma said : “Childhood immunisation is one of the most effective and cost-effective health interventions, and I can think of few better long-term investments in Nigeria’s human capital and future prosperity,”

thenationonlineng Tuesday, January 29, 2019 7:01:00 PM EAT

Udo Udoma said : “The DG and his team and the Board are doing well in NIMASA. They have transformed the organisation. I will also like to congratulate the Minister of Transportation because it is through his guidance and supervision that all these transformations have taken place. He is an action man, somebody that makes things happen. I will like to congratulate all the award winners; you should all keep up the good work”

tribuneonlineng Thursday, January 17, 2019 12:16:00 PM EAT

Udo Udoma said : “The DG and his team and the Board are doing well in NIMASA. They have transformed the organisation. I will also like to congratulate the Minister of Transportation because it is through his guidance and supervision that all these transformations have taken place,”

marinelink Monday, January 14, 2019 10:05:00 AM EAT

Udo Udoma said : “Most of these jobs will be created in the private sector, particularly in agriculture, construction, manufacturing, trade and services,”

thenationonlineng Monday, January 14, 2019 3:15:00 AM EAT

Udo Udoma said : “As at 14th December 2018, a total of N820.57 billion had been released for capital projects. Spending on capital has been prioritised in favour of critical ongoing infrastructural projects in the power, roads, rail and agriculture sectors. Implementation of the 2018 Capital Budget will continue into 2019 until the 2019 budget is passed into law,”

thenationonlineng Monday, January 7, 2019 2:37:00 AM EAT

Udo Udoma said : “We have allocated N2.28 trillion for capital spending, inclusive of capital in statutory transfers. For comprehensiveness and transparency, the expenditure plans of the top 9 Government Owned Enterprises, GOEs, as well as Multi-lateral and Bi-lateral project-tied loans have been integrated into the 2019 – 2021 Medium Term Fiscal Framework. With the inclusion of N275.88 billion representing capital for the top-nine GOEs and N556.02 billion for Multi-lateral/Bi-lateral project-tied loans, the aggregate capital budget is N3.12 trillion. This represents 30 percent of the total FGN proposed expenditure for 2019. In order to get full value for monies expended by the Government over time and to avoid duplication and waste, our emphasis will continue to be on completion of existing projects. Accordingly, provisions have been made to carry over projects that are not likely to be fully funded under the 2018 budget to the 2019 capital budget”

vanguardngr Friday, December 21, 2018 7:20:00 AM EAT

Udo Udoma disclosed ( about Crude Account ) : “the Federal Government has sustained its efforts to improve public financial management through the comprehensive implementation of the: Treasury Single Account (TSA), the Government Integrated Financial Management Information System (GIFMIS) and the Integrated Payroll and Personnel Information System (IPPIS)”

thenationonlineng Friday, December 21, 2018 2:40:00 AM EAT

Udo Udoma said : “About $4.73 billion worth of investment has been identified in the agriculture and transport focus labs with a potential to create about 129, 000 jobs; $9.25 billion investment with potential of 378, 000 jobs was identified in the manufacturing and processing labs, while $8.57 billion worth of investment will come from power and gas, with potential of crating up to 7, 000 jobs”

vanguardngr Monday, December 17, 2018 8:39:00 AM EAT

Udo Udoma told : “Our projection for the economic growth this year is 2 percent, we believe it will be achieved, and that of next (year), which is projected at 3 percent, will also be achieved,”

standardmedia Thursday, December 13, 2018 9:53:00 AM EAT

Udo Udoma told : “Our projection for the economic growth this year is two per cent, we believe it will be achieved, and that of next (year), which is projected at three per cent, will also be achieved. Our plans are working,”

thenationonlineng Thursday, December 13, 2018 2:31:00 AM EAT

Udo Udoma said : “The cost of retaining the Malaysian consultants will be N458m. It is going to cover about three months. The duration of the lab is expected to last a minimum of 13 weeks. It will cover three phases – pre- lab activities for four weeks, phase two construction of the labs themselves-6 weeks and Phase three, post lab activities three weeks and you will have for each labs at least a 100 people from a cross section of the public and private sectors. So, that is the structure of the lab. So, they will do the pilot one. Subsequent labs will not be by them. They will help us, they will bring their international connections, reach and give it credibility. 500,000 dollars per lab”

peoplesdaily-online Thursday, November 16, 2017 10:45:00 AM EAT

Udo Udoma said : “I also informed council of the release of the Economic Recovery Growth Plan which is already on the website of the ministry of budget and National Planning as well as the Budget Office,”

onlinenigeria Thursday, March 9, 2017 2:04:00 PM EAT

Udo Udoma said : “We look forward to the early passage of the 2017 budget so that we can fast-track the implementation of the plan. As you know the plan fell into the 2017 budget. So many of the initiatives in the plan are reflected in the budget”

sunnewsonline Thursday, March 9, 2017 10:52:00 AM EAT

Udo Udoma confirmed : "there is no increase in value-added tax, there is no increase in corporate income tax, there is no increase at all in taxes, but people who are not paying taxes must be made to pay. So the idea is to increase revenue by broadening the tax base, not by increasing taxes"

www.tax-news Friday, February 17, 2017 10:05:00 PM EAT

Udo Udoma said : “The goal of the plan is to have an economy with low inflation, stable exchange rate and a diversified inclusive and sustaining growth. The proposed initiatives outlined in the plan are designed to address the country’s poor competitiveness, improve business environment and attract investment and infrastructure, especially power, roads, rails and ports”

sunnewsonline Thursday, February 16, 2017 4:48:00 AM EAT

Udo Udoma said : “a view has been expressed that we should not increase taxes, that we should broaden tax collection instead, that is precisely what is in the budget”

onlinenigeria Tuesday, February 14, 2017 7:06:00 AM EAT

Udo Udoma said : “Uphold core values. The economic recovery and growth plan is rooted in the core values that define Nigerian society and are enshrined in the 1999 Constitution, notably discipline, integrity, dignity of Labour, social justice, religious tolerance, self reliance and patriotism”

leadership Monday, February 6, 2017 8:45:00 PM EAT

Udo Udoma said : "seek a dramatic shift from spending on recurrent expenditures to spending on capital aspects of the budget,"

bulawayo24 Saturday, January 14, 2017 2:45:00 AM EAT

Udo Udoma said : “I reassure you that government is determined to bring succour to our people and the only way we can do this is by taking strong action to change, in a fundamental way, the current trajectory of the Nigerian economy”

sunnewsonline Monday, December 26, 2016 7:57:00 AM EAT

Udo Udoma said : “Based on the key assumptions and budgetary reform initiatives, the 2017 Budget envisages a total revenue of N4.94 trillion, exceeding FY 2016 projection by 28%. The Projected revenue receipt from oil is N1.985 trillion and Non-oil is N1.373 trillion. The contribution of oil revenue is 40.2% compared to 19% in FY 2016 driven mainly by JVC cost reduction, higher price, exchange rate and additional oil related revenues”

saharareporters Tuesday, December 20, 2016 8:31:00 PM EAT

Udo Udoma said : “The increase in infrastructure spending is expected to enhance revenue generation opportunities and over time significantly reduce deficit,”

saharareporters Tuesday, December 20, 2016 8:31:00 PM EAT

Udo Udoma added : “We are determined to take Nigeria from a consuming nation to a producing nation. That is why we are developing an economy recovery plan and that is our focus. We are committed to success,”

dailypost Saturday, December 17, 2016 2:51:00 PM EAT

Udo Udoma added : “We are determined to take Nigeria from a consuming nation to a producing nation. That is why we are developing an economy recovery plan and that is our focus. We are committed to success,”

dailypost Friday, December 16, 2016 1:22:00 PM EAT

Udo Udoma said : "seek a dramatic shift from spending on recurrent expenditures to spending on capital aspects of the budget,"

irishsun Saturday, November 26, 2016 12:02:00 PM EAT

Udo Udoma said : “We are encouraged by the direction of the non oil sector. In the oil sector, we believe fourth quarter will be better. We are looking forward to a fourth quarter that is better than third quarter,”

dailypost Thursday, November 24, 2016 8:03:00 PM EAT

Udo Udoma said : “We are encouraged by the direction of the non oil sector. In the oil sector, we believe fourth quarter will be better. We are looking forward to a fourth quarter that is better than third quarter,”

dailypost Wednesday, November 23, 2016 7:10:00 PM EAT

Udo Udoma stated : “The planning process also provides an opportunity to review the trajectory of the economy, especially in the context of regional and global developments,”

onlinenigeria Sunday, November 13, 2016 8:30:00 AM EAT

Udo Udoma said : “Senator Udoma is equally surprised that even after the newspaper that published the story, which quoted him as blaming the National Assembly for the delay in the presentation of the 2017 budget, has published that the reporter never spoke with the Minister, Senator Ndume still went ahead to make an issue out of the matter on the floor of the Senate,”

vanguardngr Friday, November 4, 2016 4:45:00 AM EAT

Udo Udoma said ( about Udo Udoma ) : "We want to make sure that as a cabinet, we have synergy and we look at the priorities for the government for the 2017 budget and make sure that in the light of the current economic situation that the budget is well structured to take us back on the path of growth. The minister said that with proper synergy from the ministers and their respective agencies, it would be possible for the cabinet to speak with one voice regarding the 2017 budget. Udoma traced the genesis of the current economic quackmire to a number of factors but gave an optimistic view that the adversity could be turned into an opportunity for growth and development. Finance Minister, Mrs. Kemi Adeosun, expressed the government's sympathy with Nigerians over the down turn in the economy but was quick to add that the administration was more serious in its intention and resolve to turn it around. The minister said: "

allafrica Monday, September 19, 2016 10:50:00 AM EAT