The Honourable Minister of Finance and Coordinating Minister of the Economy Mr. Wale Edun has reaffirmed the government’s commitment to private-sector-led growth, as the World Bank today launched its latest Nigeria Development Update (NDU) themed Building Momentum for Inclusive Growth. Edun described the Bank as a tremendous development partner, praising its technical support and concessional...
Category: Business
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AFRICA’S FUTURE IS HERE: INVEST IN NIGERIA, UZOKA-ANITE URGES GLOBAL INVESTORS
Nigeria’sHonourable Minister of State for Finance, Dr. Doris Uzoka-Anite has called on global investors to tap into Nigeria’s vast opportunities, highlighting the country’s economic pivot and potential for sustainable growth. This appeal was made during her address at the Milken Institute Global Conference 2025, New York, USA She stated that Nigeria is deepening intra-African trade...
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WE ARE NOT IN COMPETITION WITH NNPC, DANGOTE REAFFIRM READINESS FOR DEEPEN COLLABORATION.
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery & Petrochemicals (DPRP) have committed to strengthening their cooperation in order to secure Nigeria’s energy security and advance shared prosperity for Nigerians, as part of continuous efforts to create partnerships that benefit both parties and encourage healthy competition. This pledge was made on...
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WE WILL ENSURE SMOOTH PASSAGE OF THE PUBLIC FINANCIAL MANAGEMENT BILL -AGF OGUNJIMI
The Accountant General of the Federation, Mr Shamseldeen Ogunijmi has expressed his readiness to ensure the successful passage of the Public Financial Management Bill. Mr Ogunijmi stated this during a meeting with the Director General of the Bureau of Public Service Reforms (BPSR), Dr Dasuki Arabi who led a team from the Agency on a...
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FG, PROPCOM+ JOIN FORCES TO TRANSFORM NIGERIA’S AGRICULTURAL SECTOR, ECONOMIC GROWTH
In a significant step towards boosting Nigeria’s agricultural sector and driving economic growth, the Federal Government has expressed its commitment to partnering with Propcom+, a UK Aid-funded programme, to enhance agricultural productivity and improve livelihoods. This initiative was underscored when the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, received...
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FG Commissions 3,200 MLD Gashua Water Supply Scheme in Yobe State
The Federal Government, in its sustained effort to fulfill its mandate in the water sector, particularly in addressing numerous water supply challenges, has continued to scale up its commitment to providing potable water to all Nigerians. This commitment was clearly demonstrated today, Tuesday, 6th May 2025, as the Federal Government, through the Federal Ministry of...
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FG SET TO PAY WAGE AWARD ARREARS
The Federal Government is set to pay the outstanding five months N35,000 wage award arrears to federal government workers. The Office of the Accountant General of the Federation (OAGF) made this known in a statement issued in Abuja. The OAGF explained that the Federal Government had earlier paid five months wage award to federal government...
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AVIATION MINISTRY, NIGERIAN AIR FORCE TO STRENTHEN PARTNERSHIP IN HUMAN RESOURCE, SAFETY, DEFENCE AND CAPACITY BUILDING.
The Permanent Secretary, Ministry of Aviation and Aerospace Development, Dr. Ibrahim Abubakar Kana, mni has expressed the Ministry’s readiness to strengthen partnership with the Military, particularly the Air Force. He made this statement while receiving the Chief of Air staff, Air Marshal HB Abubakar in his office today, 25th April, 2025. Abubakar noted with concern...
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*FG, World Bank Join Forces to Encourage Job Creation and Digitally Empower Young Nigerians
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has affirmed that the Federal Government is working closely with the World Bank to advance a shared agenda focused on creating high-quality jobs for young Nigerians. Speaking to journalists in Washington D.C. on the sidelines of the World Bank/IMF Spring Meetings,...
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INVESTOR CONFIDENCE IN NIGERIA DEEPENS AS RENAISSANCE CAPITAL VISITS FINANCE MINISTER
Nigeria’s economic growth prospects continue to gain momentum, as the country’s reform trajectory and improving macroeconomic fundamentals attract growing interest from international investors. In a high-level meeting between the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the CEO of Renaissance Capital Africa Investors, Samuel Sule held in his...