Taiwo Oyedele has officially assumed office as Nigeria’s Minister of Finance and Coordinating Minister of the Economy, following a formal handover by his predecessor, Wale Edun. Newsextra24.news reports that the transition took place on Thursday evening and was confirmed in a statement by the ministry’s Head of Information and Public Relations, Efe …
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Executive order: FG begins direct remittance of oil revenues to FAAC
The Federal Government has commenced the implementation of Executive Order 9 of 2026, which mandates the direct remittance of oil revenues to the Federation Account Allocation Committee. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this in a statement issued on Monday, detailing key resolutions …
Read More »FG reiterates commitment to steady supply of Petroleum Products
THE Federal Government has reiterated its commitment to steady supply of refined petroleum products in the country. This is contained in a statement issued by the Director, Information and Public Relations in the Federal Ministry of Finance, Mohammed Manga, in Abuja on Sunday. He said that the steering committee of …
Read More »FG rakes in N6.9trn in Revenue for 3 months
The Federal Government’s revenue surged to N6.9 trillion in the first quarter of 2025, marking a 40% increase from the N5.2 trillion recorded in the previous quarter, according to the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun. Edun announced the figures on Monday during the …
Read More »Nigeria’s revenue hits N6.9trn in Q1
The Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, said Federal Government revenue rose to N6.9 trillion in the first quarter. Edun made this known on Monday during the Citizens and Stakeholders’ Engagement on implementing President Bola Tinubu’s priorities for the second quarter, held in Abuja. …
Read More »President Tinubu Committed to Lifting Millions Out of Poverty – Minister
PRESIDENT Bola Tinubu is dedicated to achieving rapid, sustained, and inclusive economic growth that will lift millions of Nigerians out of poverty. This was stated by Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, while briefing State House Correspondents after the fifth Federal Executive Council …
Read More »FG seeks Enhance Global Support for Reforming Economies
Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has called for enhanced global support for reforming economies. Edun made the call at the G-24 Ministerial Meeting held on the sidelines of the ongoing 2025 IMF World Bank Spring Meetings in Washington D.C , on Wednesday. …
Read More »FG Declares End of Fuel, FX Subsidies
The federal government has officially announced the termination of fuel and foreign exchange subsidies, marking the end of a long-debated policy. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this declaration during the presentation of the Nigeria Development Update by the World Bank in Abuja on …
Read More »Finance Minister Reaffirms Tinubu’s Commitment To Boost Local Economies
WALE Edun, the Minister of Finance and Coordinating Minister of the Economy has restated President Bola Tinubu’s commitment to bolstering local economies and tackling the challenges posed by natural disasters. He made the commitment when he paid a courtesy visit to WACOT Rice Limited’s cutting-edge 250,000 metric tonnes rice processing …
Read More »FG to Relaunch School Feeding Programme – Finance Minister
WALE Edun, minister of finance and the coordinating minister of the economy, says the federal government plans to relaunch the suspended school feeding programme. Edun said the government would ensure adequate resources are available to support and sustain educational programmes across the country. The minister spoke on Thursday when the house …
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