In a significant move to bolster Nigeria’s position in the global economy, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun hasreaffirmed the country’s commitment to global economic stability, sustainable development, and financial resilience. At a meeting with global international financial leaders at the G20 Finance Ministers and Central Bank...
Category: Economy
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FG, STATES, LGCs SHARE N1.703 TRILLION JANUARY 2025 REVENUE
A total sum of N 1.703 trillion, being January 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. The revenue was shared at the February 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja. The N1.703 trillion total distributable revenue comprised distributable statutory revenue of N749.727...
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AGF CHARGE FPOs To BE FINANCIAL PRUDENCE AND EMBRACE THE NEW FINANCIAL REFORM INITIATIVES
The Accountant General of the Federation, Dr. (Mrs.) Oluwatoyin Sakirat Madein FCCA FCA has Charged Federal Pay Officers (FPOs) to be Financially Prudent and embrace the new financial reform initiatives in the discharge of their duties. The AGF also reiterated her mandate to Federal Pay Officers to ensure that Federal Ministries, Departments and Agencies (MDAs)...
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NIGERIA RECORDS 3.84% GDP GROWTH IN Q4 2024, FASTEST PACE IN THREE YEARS
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has applauded the latest Gross Domestic Product (GDP) figures released by the National Bureau of Statistics (NBS), showing Nigeria’s economy grew at its fastest pace in three years. According to the NBS report, GDP expanded by 3.84% year-on-year in the fourth...
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FG REAFFIRMS COMMITMENT TO CREATING CONDUCIVE ENVIRONMENT FOR PRIVATE SECTOR INVESTMENT
The Federal Government has reaffirmed its commitment to creating an enabling environment for the private sector-led investments to thrive in order to boost economic growth in the country The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, gave the assurance in his office in Abuja when he received Mr. Anil...
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WALE EDUN ADVOCATES KEY TAX REFORMS TO STRENGTHEN ECONOMY
The Federal Government’s efforts to strengthen Nigeria’s economy and promote inclusive growth took a significant step forward today, as the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, advocatedfor the passage of four key tax reform bills during a public hearing at the Senate building, Abuja The two-day session, organised...
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NIGERIA, BELGIUM STRENGTHEN ECONOMIC TIES TO BOOST FOOD SECURITY
In a bid to strengthen bilateral relations andexplore economic opportunities for the enhancement of Agriculture and Food Security in the country, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has met with the Belgian Ambassador, H.E Pieter Leenknegt The meeting, which held in his office in Abuja, focused on enhancing...
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Exposed! How Ex-Chief Security Adviser Dasuki buys US Horse Farm with looted funds
*My husband got funds from contract lobbying as minting head – Dasuki wife*As J. Kande say’s corruption contributes to insecurity in Africa By Achadu Gabriel, kaduna Family of Former Chief Security Adviser accused of embezzling funds Intended to be used in Fighting Boko Haram previously has been trying to obtain an American Visa through the...
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FG CHARGES WORKERS TO UPHOLD HIGHEST STANDARDS OF DISCIPLINE IN THE CONDUCT OF GOVERNMENT BUSINESSES
The Federal Government has called on workers to always exhibit the highest standards of accountability, loyalty, and discipline in the conduct of government businesses. The Permanent Secretary, Federal Ministry of Finance, Mrs. Lydia Shehu Jafiya made the call today in her office in Abuja when she presided over the Ministry’s Senior Management Meeting (SMM). Mrs....
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NIGERIA, SAUDI ARABIA DEEPEN ECONOMIC TIES TO DRIVE INFRASTRUCTURAL DEVELOPMENT
In a major step toward strengthening economic cooperation, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has hosted a high-level delegation from the Saudi Fund for Development (SFD), led by its CEO, Mr. Sultan Al-Marshad. The meeting, which took place in his office in Abuja, also featured the presence of...