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FG Denies Budgeting N5.4 trillion for fuel subsidy in 2024

FG Denies Budgeting N5.4 trillion for fuel subsidy in 2024 The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has debunked reports that the federal government made a N5.4 trillion provision for fuel subsidy for 2024. This is contained in a statement by...

FG Reportedly Considers Suspending Import Levies on Food to Curb Inflation

FG Reportedly Considers Suspending Import Levies on Food to Curb Inflation The federal government is considering suspending import duties on staple food, drugs, and other essential items for six months to slow inflation in the country. According to a Bloomberg report, the government may also waive...

New Minimum Wage: Tinubu Gives Finance Minister Two Days to Present Cost Implication

New Minimum Wage: Tinubu Gives Finance Minister Two Days to Present Cost Implication President Bola Tinubu has directed the Minister of Finance, Wale Edun, to come up with the cost Implications on the new minimum wage within two days. Minister of Information and National Orientation, Mohammed...

FG Offers Credit Facilities to Large Businesses at 9% Interest Rate – Finance Minister

FG Offers Credit Facilities to Large Businesses at 9% Interest Rate – Finance Minister The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the federal government is providing up to N1 billion in credit facilities to large enterprises, including...

Despite Inflation, Nigeria’s Economy Growing Significantly – Wale Edun

Despite Inflation, Nigeria’s Economy Growing Significantly – Wale Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has declared that Nigeria’s economy is experiencing appreciable growth that may see the high inflation rate in the country come down drastically in a...

Tinubu’s Policies Putting Nigeria on Right Track – Wale Edun

Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has expressed optimism about Nigeria's economic trajectory during the Ministerial Sectorial Press Briefing series in Abuja.