The Accountant General of the Federation, Dr. Oluwatoyin Madein, has said that transparency and accountability should be entrenched at all tiers and aspects of governance in the country. Minister of Finance, Mr. Wale Edun; Permanent Secretary, Federal Ministry of Finance, Mrs Lydia Jafiya and the Accountant General of the Federation, Mrs. Oluwatoyin Madein during the...
Category: Financial Report
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FG, STATES, LGCs SHARE N1.411TRILLION FROM A GROSS TOTAL OF N2.668 TRILLION FOR THE MONTH OF OCTOBER 2024
The Federation Account Allocation Committee (FAAC), at its November 2024 meeting in Bauchi chaired by Accountant General of the Federation, Dr. Mrs.Oluwatoyin S.Madein, shared a total sum of N1.411 Trillion to the three tiers of government as Federation Allocation for the month of October, 2024 from a gross total of N2.668 Trillion. From the stated amount...
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FG, STATES, LGCs SHARE N1.411 TRILLION OCTOBER 2024 REVENUE
A total sum of N1.411 trillion, being October 2024 Federation Accounts Revenue, has been shared to the Federal Government, States and the Local Government Councils. The revenue was shared at the November 2024 meeting of the Federation Accounts Allocation Committee (FAAC) held in Bauchi State and chaired by the Accountant General of the Federation. Dr....
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ADEBUTU’S VISIONARY GIFT: NIJ MEDIA HUB SET TO TRANSFORM NIGERIA’S MEDIA LANDSCAPE
In a significant boost to Nigeria’s media sector, renowned philanthropist Sir (Dr.) Kesington Adebukunola Adebutu has inaugurated a state-of-the-art Media Resource Centre at the Nigerian Institute of Journalism (NIJ), Ikeja, Lagos, a facility expected to strengthen Nigeria’s media sector and deliver economic benefits. This landmark facility, funded by Dr. Adebutu is poised to enhance the...
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NIGERIA’S ECONOMY SET FOR BOOST AS GOVERNMENT INTENSIFIES FOOD PRODUCTION EFFORTS
In a bid to tackle inflation and ensure food security, the Federal Government of Nigeria is intensifying efforts to increase food production in the country. The HonourableMinister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, in his remarks at the Nigerian delegation’s wrap-up press briefing, during the 2024 IMF/World Bank Annual Meetings...
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NIGERIA BOOSTS CYBERSECURITY AS FG HOSTS LANDMARK WORKSHOP TO PROTECT CRITICAL INFRASTRUCTURE
The Federal Government of Nigeria has taken a significant step in strengthening the country’s cybersecurity defences by hosting a Critical National Information Infrastructure (CNII) Protection and Resilience Workshop. This landmark event, held at the Office of the National Security Adviser (ONSA) in Abuja, brings together policymakers and sector regulators to fortify cybersecurity across Nigeria’s key...
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NIGERIA FORGES STRATEGIC TIES AS FINANCE MINISTER MEETS AFREXIMBANK PRESIDENT AT IMF /W’BANK ANNUAL MEETINGS
In a significant move to bolster Nigeria’s economic prospects, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, held a key meeting with Afreximbank’s President, Benedict Oramah on the sidelines of the World Bank-IMF Annual Meetings in Washington D.C., Oando Group’s President, Mr. Wale Tinubu was also present. The discussions...
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EDU HOLDS TALKS WITH PRESIDENT ALKHALIFA, DISCUSSIONS FOCUSED ON ADVANCING NIGERIA’S PRIORITIES IN INFRASTRUCTURE, OTHERS
In a significant move to bolster Nigeria’s economic resilience and infrastructure development, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has met with OPEC Fund for International Development President, Dr. Abdulhamid Alkhalifa, at the World Bank Headquarters in Washington, D.C. Their discussions focused on advancing Nigeria’s priorities in infrastructure,...
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EDUN PUSHES FOR WOMEN’S FINANCIAL INCLUSION AT WORLD BANK-IMF MEETING
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has reaffirmed President Bola Ahmed Tinubu’s strong commitment to women’s economic empowerment while also advocating for their global financial inclusion in line with contemporary realities. Speaking to World leaders during a high-level IMF Annual Meeting at the World Bank Headquarters Washington...
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NIGERIA’S ECONOMY SEES PROMISING GROWTH AS WALE EDUN ASSURES OF BETTER DAYS AHEAD
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has expressed optimism about Nigeria’s economic future, assuring of better days ahead with the determination of the President Bola Ahmed Tinubu-led Administration to implement policies, initiatives and programmes that will positively impact on the lives of millions of Nigerians The Ministerdisclosed...