Category: Economy

In a bold move to revolutionize Nigeria’s economic landscape, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has spearheaded a high-level Fiscal Data Harmonisation Meeting (FDHM), marking a significant milestone in the country’s quest for economic stability and transparency. The meeting which was held in his office in Abuja,...

The Federal Government of Nigeria, in collaboration with Africa Plus Partners, today flagged off the 125km Benin–Asaba Expressway Project in Edo State, marking a significant milestone in the country’s infrastructure development and a testament to the power of private sector partnership. The groundbreaking ceremony, which took place at the project site inBenin-City, the Edo State...

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...