Browsing: Wale Edun

The Federal Government has assured Nigerians that the introduction of Compressed Natural Gas buses as part of the Presidential CNG Initiative will significantly reduce transportation costs. The government also assured all that it would ultimately contribute to the control of the inflation rate. The Finance Minister and Coordinating Minister of the Economy, Wale Edun, gave […]

On Tuesday in Abuja, Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, greeted the board members of the National Insurance Commission as they took on their responsibilities. President Bola Tinubu had previously approved the appointment of the board members on April 19. In a statement signed by the Special Adviser to the President (Publicity) […]

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has thanked Dr. Shubham Chaudhari, the outgoing World Bank Country Director, for his important contributions to Nigeria’s economic progress. During a farewell event in Abuja, Mr. Edun emphasized the impact of the World Bank on the country’s economy and Dr. Chaudhari’s […]

The Federal Government is set to receive around $2.2 billion single-digit interest loan from the World bank and another budget support facility from the African Development Bank. Minister of Finance, Wale Edun, disclosed this during a press briefing at the end of Nigeria’s activities at the World Bank/International Monetary Fund Spring meeting in Washington DC, […]

The Federal Government has announced plans to pin down Ways and Means advances to address the issue of excessive money in the system and fight inflation. The Minister of Finance and Co-ordinating Minister of the Economy, Wale Edun, made this announcement in Washington DC after meeting with investors during the ongoing spring meetings of the […]

The Federal Government has asked for more investments and trade partnerships from member countries of the Group of Twenty-Four. This request was made during the World Bank-IMF Spring Meetings in Washington DC by the Minister of Finance and Co-ordinating Minister of the Economy, Mr. Wale Edun, who was represented by the Director General of the […]

President Bola Tinubu instructed the Coordinating Minister of Health and Social Welfare, Prof Muhammad Pate, to work with the Coordinating Minister of the Economy and Minister of Finance, Wale Edun, to ensure the release of necessary funds for vaccine procurement. He assured the Vaccine Alliance, GAVI, of Nigeria’s commitment to fulfilling its outstanding […]

The Federation Account Allocation Committee split N1.152 trillion between the three levels of government for February 2024 from a total of N2,326.14 trillion. This information was shared in a statement signed by Mohammed Manga, its Director of Press and Public Relations, after the February 2024 meeting led by the Minister of Finance and Coordinating Minister of the Economy, …