In a bid to address the pressing issue of out-of-school children in Nigeria, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun today addressed the House of Representatives Committee on Alternate Education, outlining government’s financial strategies and programsaimed at tackling the challenge Joined by the Honourable Minister of Budget and...
Category: Economy
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EDUN ADDRESSES HOUSE COMMITTEE ON ALTERNATE EDUCATION: OUTLINES GOVERNMENT’S FINANCIAL EDUCATION STRATEGY*
*In a bid to address the pressing issue of out-of-school children in Nigeria, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun today addressed the House of Representatives Committee on Alternate Education, outlining government’s financial strategies and programsaimed at tackling the challenge Joined by the Honourable Minister of Budget and...
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RURAL ELECTRIFICATION: EDUN LAUDS AGENCY’S IMPACTFUL INITIATIVES, SAYS EFFORTS WILL ILLUMINATE NIGERIA’S FUTURE*
* In a meeting that spotlighted Nigeria’s progress in rural electrification, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has applauded the Rural Electrification Agency (REA) for its impactful initiatives across the country. The Agency’s Managing Director, Abba Abubakar Aliyu, while briefing HM Edun at the Federal Ministry of...
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FG LAUNCHES NATIONAL SINGLE WINDOW TO BOOST TRADE, ECONOMIC GROWTH*
The National Single Window (NSW) Project Kickoff Workshop was officially launched in Abuja today by the Honorable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, in a historic step to support trade and economic growth in Nigeria. By streamlining trade procedures, removing obstacles, and boosting transparency, this ground-breaking project seeks to...
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NACIWA, EFCC Hold 6th Annual General Assembly August 19
The Economic and Financial Crimes Commission, EFCC and the Network of Anti-Corruption Institutions in West Africa, NACIWA, will on Monday, August 19, 2024 commence its sixth Annual General Assembly, AGA, meeting. The AGA, themed “Implementing the ECOWAS Protocol on the Fight Against Corruption Towards Strengthening Institutions for Regional Unity, will hold between Monday 19 to Wednesday,...
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SOCIAL INVESTMENT DRIVE:* PRESIDENTIAL PANEL MEETS TO ENHANCE POVERTYALLEVIATION EFFORTS
In a bid to accelerate Nigeria’s poverty reduction efforts in line with the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led Administration, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun today in his office in Abuja presided over a pivotal meeting of the Presidential Panel on the Social...
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STILL ON NAIRA CRUDE OIL SALES INITIATIVE: IMPLEMENTATION COMMITTEE MEETS TO FAST-TRACK TRANSITION*
In a significant step towards ensuring the speedy realization of the Presidential directive on Crude Oil Sales in Naira with a view to enhancing Nigeria’s economic growth and development, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, today in his office in Abuja, presided over a crucial meeting of...
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EDUN JOINS FEDERAL DELEGATION IN BAUCHI FOR LAUNCH OF HEALTH INFRASTRUCTURE PROJECTS*
In a significant stride towards enhancing healthcare delivery services in Nigeria, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun today joined a federal government delegation in Bauchi State to launch 10 major health infrastructure projects. This landmark initiative, part of President Bola Ahmed Tinubu’s Renewed Hope Agenda, aims to...
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FAAC:*FG, STATES, LGCs SHARE N1,358.075 TRILLION FROM A GROSS TOTAL OF N2,613.791TRILLION FOR THE MONTH OF JULY 2024
*The Federation Account Allocation Committee (FAAC), at its August 2024 meeting chaired by the HonourableMinister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, shared a total sum of N1,358.075 Trillion to the three tiers of government as Federation Allocation for the month of July, 2024 from a gross total of N2,613.791Trillion. From the...
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FG, STATES, LGCs SHARE N1,358.075 BILLION JULY 2024 REVENUE
A total sum of N1,358.075 billion July 2024 Federation Accounts Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue distribution was announced at the August 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja. The N1,358.075 billion total distributable revenue comprised distributable statutory revenue...