Category: Financial Report

The Federation Account Allocation Committee (FAAC), at its March 2025 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.678 Trillion to the three tiers of government as Federation Allocation for the month of February 2025 from a gross total of N2.344 Trillion. From...

In a groundbreaking move set to redefine Nigeria’s economic landscape, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso has convened a high-level meeting at the Central Bank Headquarters in Abuja on Fridayto advance ongoing efforts at strengthening...

In a resounding endorsement of Nigeria’s bold economic transformation, a high-powered delegation from Standard Chartered Bank has commended the country’s sweeping reforms, paving the way for a new era of investment and growth. During a meeting with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, in his office in...

The Federal Government has taken a significant step towards achieving food security and economic growth, as the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, presided over a high-level meeting in his office in Abuja today, on the operationalisation of the enhanced National Agricultural Growth Scheme (NAGS). The strategic initiative...

In a move to boost Nigeria’s economic growth and development, the Federal Government has reaffirmed its commitment to creating a safe and conducive environment that will foster private sector investments aimed at unlocking new economic potentials as well as create job opportunities for the teeming youth in the country. The Honourable Minister of Finance and...

In a move to boost Nigeria’s economic growth and development, the Federal Government has reaffirmed its commitment to creating a safe and conducive environment that will foster private sector investments aimed at unlocking new economic potentials as well as create job opportunities for the teeming youth in the country. The Honourable Minister of Finance and...

On the sidelines of the Sustainable Energy for All (SEforALL) Forum, Nigeria’s Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has held a bilateral meeting with Prime Minister Mia Mottley of Barbados. Discussions centred on deepening cultural exchange, expanding trade, and enhancing the movement of goods and people between Africa...

The Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite has expressed optimism that Nigeria’s economy is projected to grow by 7% in 2025, surpassing the initial target projection of 4.6% set in the 2025 budget. This growth is attributed to the effectiveness of the economic reforms, the vibrancy of the business ecosystem, and strategic...

As the world grapples with the challenges of limited energy access, Nigeria is poised to unlock its vast energy potential and become a major player in the global energy market. Speaking at the Sustainable Energy for All (SEforALL) Forum in Bridgetown, Barbados where he joined other world leaders, Nigeria’s Honourable Minister of Finance and Coordinating...

In a bold move to reshape Nigeria’s economic future, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has issued a rallying call for unity in fiscal management. The Honourable Minister made this call at a High-Level Retreat on Strengthening Collaboration for Sustainable Financial Management and National Development. The retreat...