The Steering Committee of the Domestic Crude Oil and Refined Products Sales in Local Currency Initiative met earlier today to review developments in the downstream oil sector.The meeting, chaired by the Honourable Minister of Finance and the Coordinating Minister of the Economy, Mr. Wale Edun, noted two recent issues: the purported suspension of the Naira-for-crude...
Category: Financial Report
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MINISTER OF STATE FOR FINANCE, DR. DORIS UZOKA-ANITE, CONFERRED WITH THE PRESTIGIOUS ADA UKWU NDI ORLU CHIEFTAINCY TITLE*
In recognition of her outstanding contributions to peace, progress, and development, the Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite, has been conferred with the esteemed chieftaincy title of Ada Ukwu Ndi Orlu Zone by His Imperial Majesty, Eze (Dr) Thomas Obiwuru Obiefule, the Paramount Ruler of Umudioka Ancient Kingdom, Orlu Local Government Area...
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NIGERIA’S ECONOMY STRENGTHENS AS GOVERNMENT LAUNCHES STRATEGIC LIVESTOCK GROWTH PLAN*
The Economic Management Team, chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun on Thursday met in his office in Abuja to review Nigeria’s economic performance and sectoral priorities.The meeting welcomed further signs of stability in the economy, with inflation easing for the fifth consecutive month to 20%,...
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NIGERIA, SAUDI ARABIA FORTIFY ECONOMIC PARTNERSHIP, AS DR. UZOKA-ANITE LEADS DELEGATION TO MONEY 20/20 CONFERENCE*
In its renewed determination to reposition the nation’s economy and attract Foreign Direct Investors, the Federal Government has expressed its willingness to strengthen its economic ties with the international community.The Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite stated this in her keynote address titled: *GCC-Nigeria Partnership – Shaping New Growth Pathways* at the...
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FG LAUNCHES NATIONWIDE**SENSITIZATION PROGRAMME ON WHISTLEBLOWING POLICY TO COMBAT CORRUPTION*
The Federal Government through the Presidential Initiative on Continuous Audit (PICA), has organized a two-day nationwide sensitization programme on the implementation of Nigeria’s Whistleblowing Policy. The programme, which took place in Lagos on September 17-18, 2025, aimed to raise public awareness and strengthen the policy’s effectiveness.The sensitization programme brought together stakeholders from various sectors,...
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FG, STATES, LGCs SHARE N2.225 TRILLION FROM A GROSS TOTAL OF N3.635 TRILLION FOR THE MONTH OF AUGUST 2025*
The Federation Account Allocation Committee (FAAC), at its September 2025 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, shared a total sum of N2.225 Trillion to the three tiers of government as Federation Allocation for the month of August 2025 from a gross total of N3.635 Trillion.From...
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UNLOCKING AFRICA’S POTENTIAL: FGN STRENGTHENS COMMITMENT TO AfCFTA AT IATF 2025
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has joined global leaders at the Intra-African Trade Fair in Algiers. The gathering has been described as a critical gateway to unlocking new opportunities across the continent.On the sidelines of the Fair, HM Edun held high-level meetings with the President and...
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FG LAUNCHES PTAD’S REVISED SERVICE CHARTER, REAFFIRMS COMMITMENT TO PENSION REFORMS
The Federal Governmenthas reaffirmed its commitment to pension reforms and renewed dedication to Nigeria’s senior citizens with the launch of the Pension Transitional Arrangement Directorate (PTAD) revised Service Charter The Charter, themed: Renewed Commitment to Service Excellence, sets clear service standards and accountability measures to deliver quicker, more reliable, and people-centred services to pensioners across...
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NIGERIA EYES 10 BILLION SCF GAS PRODUCTION BY 2030 AS EDUN, NLNG DISCUSSES EXPANSION PLANS
In a pivotal moment for Nigeria’s energy sector, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun engaged in strategic discussions with the management of Nigeria LNG Limited (NLNG) in his office in Abuja today. The meeting brought together key stakeholders to discuss critical issues aimed at shaping the future...
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Tinubu Orders Mandatory Health Insurance for Public Workers, Links Compliance to Government Contracts
President Bola Ahmed Tinubu has ordered all Ministries, Departments, and Agencies (MDAs) of the Federal Government to fully implement the mandatory health insurance scheme as provided under the National Health Insurance Authority (NHIA) Act, 2022. In a directive issued through the Secretary to the Government of the Federation (SGF), Tinubu said every MDA must enrol...