The Minister of Finance and Coordinating Minister of the Economy, Mr.Wale Edun has said that the increase in Nigeria’s revenue recorded in the 2024 fiscal year is being strategically allocated to various social intervention programmes aimed at improving the living standards of citizens and addressing pressing societal needs. The minister said the social investment programme is targeted to impact 60 …

On Thursday in Abuja, Minister of Finance Mr Wale Edun addressed a press conference and gave a mid-year report on the economy. The Minister told the press what President Tinubu’s administration had done in the last year to address some of the structural imbalances in the economy, working with the fiscal and monetary authorities. The Minister, who will now address …

The Federal Government has reiterated its commitment to the full implementation of the 2024 Budget. It also pledged to promote a transparent and efficient financial management system. The commitments were made yesterday by the Finance Minister and Coordinating Minister of the Economy, Mr. Wale Edun. He spoke during a meeting with the House of Representatives Committee on Public Accounts at the …

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has declared that Nigeria’s economy has been revamped, citing positive trends in key economic indicators. Edun made the declaration while briefing State House correspondents after the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu on Tuesday. The Minister, who said he presented a memorandum to …

The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun has called for liquidity for the power sector. This is coming just as the Managing Director of Niger Delta Power Holding Company (NDPHC), Mr. Chiedu Ugbo informed the Senate Committee on Power that the Calabar Power Generation Company under its ownership, is the best-performing power plant in …

Senate Committee on Gas has given the Finance Minister, Wale Edun, a-seven-day ultimatum to provide details of the award and disbursement of over N100 billion to companies engaged in the handling of the Presidential Compressed Natural Gas (PCNG) projects allegedly done in breach of the Public Procurement Act 2017. The lawmakers noted that the request was coming on the heels …

The former Accountant General of the Federation (AGF), Ahmed Idris, accused the Economic and Financial Crimes Commission (EFCC) of deceiving him to admit to the allegations against him. The ex-AGF claimed that the EFCC told him they wanted to use him to get the Minister of Finance and some governors. Idris and his co-defendants are standing trial on 14 charges …

The Minister of Finance and Coordinating Minister for the Economy, Chief Olawale Edun has been appointed as the Chairman of the African Governors’ Forum of the World Bank. The African Governors’ Forum serves as a crucial platform, facilitating dialogue between African finance ministers, central bank governors, and the World Bank. The Ministry of Finance announced this historic appointment on Saturday …