The Honourable Minister of Water Resources and Sanitation, Engr. Prof. Joseph Terlumun Utsev, has emphasized that the Ogbese Multi-purpose Dam in Ekiti State, once completed, will significantly boost food production, create jobs, and drive economic growth, aligning with President Bola Ahmed Tinubu’s Renewed Hope Agenda. During his inspection of the dam’s progress on Wednesday, August...
Category: Business
Post
Post
FG LAUNCHES NATIONAL SINGLE WINDOW TO BOOST TRADE, ECONOMIC GROWTH*
The National Single Window (NSW) Project Kickoff Workshop was officially launched in Abuja today by the Honorable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, in a historic step to support trade and economic growth in Nigeria. By streamlining trade procedures, removing obstacles, and boosting transparency, this ground-breaking project seeks to...
Post
Customs, FRSC Stage 5km Walk to Promote Work-Life Balance
The Comptroller-General of Customs (CGC), Adewale Adeniyi, on Saturday, 17 August 2024, co-led officers and men of the Nigeria Customs Service (NCS) alongside the Federal Road Safety Corps (FRSC), with the Corps Marshal of the FRSC, Shehu Muhammad, in a 5km walk tagged “Work-Life Balance” aimed at strengthening collaboration between the two agencies. Shortly after...
Post
SOCIAL INVESTMENT DRIVE:* PRESIDENTIAL PANEL MEETS TO ENHANCE POVERTYALLEVIATION EFFORTS
In a bid to accelerate Nigeria’s poverty reduction efforts in line with the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led Administration, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun today in his office in Abuja presided over a pivotal meeting of the Presidential Panel on the Social...
Post
STILL ON NAIRA CRUDE OIL SALES INITIATIVE: IMPLEMENTATION COMMITTEE MEETS TO FAST-TRACK TRANSITION*
In a significant step towards ensuring the speedy realization of the Presidential directive on Crude Oil Sales in Naira with a view to enhancing Nigeria’s economic growth and development, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, today in his office in Abuja, presided over a crucial meeting of...
Post
EDUN JOINS FEDERAL DELEGATION IN BAUCHI FOR LAUNCH OF HEALTH INFRASTRUCTURE PROJECTS*
In a significant stride towards enhancing healthcare delivery services in Nigeria, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun today joined a federal government delegation in Bauchi State to launch 10 major health infrastructure projects. This landmark initiative, part of President Bola Ahmed Tinubu’s Renewed Hope Agenda, aims to...
Post
FAAC:*FG, STATES, LGCs SHARE N1,358.075 TRILLION FROM A GROSS TOTAL OF N2,613.791TRILLION FOR THE MONTH OF JULY 2024
*The Federation Account Allocation Committee (FAAC), at its August 2024 meeting chaired by the HonourableMinister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, shared a total sum of N1,358.075 Trillion to the three tiers of government as Federation Allocation for the month of July, 2024 from a gross total of N2,613.791Trillion. From the...
Post
FG, STATES, LGCs SHARE N1,358.075 BILLION JULY 2024 REVENUE
A total sum of N1,358.075 billion July 2024 Federation Accounts Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue distribution was announced at the August 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja. The N1,358.075 billion total distributable revenue comprised distributable statutory revenue...
Post
BREAKING: NIGERIA MAKES HISTORY WITH $500 MILLION BOND LAUNCH: A BOLD STEP TOWARDS ECONOMIC TRANSFORMATION- EDUN
*In a groundbreaking move, the Federal Government of Nigeria has launched a $500 million domestic bond, marking a significant milestone in the country’s economic reform and development journey. The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, while unveiling the Series I USD500 Million Domestic FGN US Dollar Bond today...
Post
FG INAUGURATES TECHNICAL SUB-COMMITTEE ON NAIRA-BASED CRUDE SALES TO LOCAL REFINERIES*
In a significant step towards enhancing Nigeria’s refining capacity so as to promote economic growth and development of the country, the Federal Government has inaugurated the Technical Sub-Committee tasked with developing the framework for the sale of crude oil to local refineries in Naira. The Honourable Minister of Finance and Coordinating Minister of the Economy,...