finance minister

  1. Finance Minister: Recent Economic Reforms are Painful Yet Vital for Nigeria’s Growth

    Nigeria Finance Minister: Recent Economic Reforms are Painful Yet Vital for Nigeria’s Growth

    Finance Minister Wale Edun acknowledged the pain of recent economic reforms in Nigeria but emphasized their necessity for growth. Key changes include subsidy removal and foreign exchange market unification, resulting in doubled revenue. Initiatives such as the Nigeria Education Loan Fund aim to...
  2. Finance Minister Edun Did Not Propose N105,000 Minimum Wage, Presidency Clarifies

    Nigeria Finance Minister Edun Did Not Propose N105,000 Minimum Wage, Presidency Clarifies

    Amid negotiations for a new minimum wage, the Presidency refutes claims that Finance Minister Wale Edun proposed a N105,000 monthly wage. Speculations arose following a meeting with President Tinubu, but the Presidency swiftly dismissed them as false. The Presidency has refuted widespread...
  3. President Tinubu's 48-Hour Deadline Met: Edun Presents New Minimum Wage Proposal

    Nigeria President Tinubu's 48-Hour Deadline Met: Edun Presents New Minimum Wage Proposal

    Minister of Finance Wale Edun submitted cost projections for a new national minimum wage following President Bola Tinubu's 48-hour ultimatum. The report includes potential wage levels and their budget impacts. This comes after a nationwide strike by Organized Labour demanding higher wages and...
  4. Nigeria's Economic Woes: Finance Minister Addresses Multinational Departures

    Nigeria Nigeria's Economic Woes: Finance Minister Addresses Multinational Departures

    Nigeria's Finance Minister Wale Edun explains why multinationals are leaving due to foreign exchange issues, high energy costs, and regulatory challenges. Government efforts, including new policies and an Economic Stabilization Package, aim to improve the investment climate and attract more...
  5. Nigerian Finance Minister Predicts Relief from Soaring Food Prices with Upcoming Harvests

    Nigeria Nigerian Finance Minister Predicts Relief from Soaring Food Prices with Upcoming Harvests

    Nigeria's Finance Minister assures food inflation will decrease with upcoming harvests, providing relief from soaring prices. The government focuses on boosting agricultural output through funding, seeds, and fertilizers to increase food availability. Amidst soaring food prices that have...
  6. World Bank Approves $2.25 Billion Loan Package for Nigeria at 1% Interest Rate

    Nigeria World Bank Approves $2.25 Billion Loan Package for Nigeria at 1% Interest Rate

    During a joint press conference at the spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C., Finance Minister Wale Edun revealed that Nigeria has qualified for a $2.25 billion loan from the World Bank, described as "virtually a grant" due to its...
  7. OPEC and Nigerian Government at Odds Over Country's Crude Oil Production

    Nigeria OPEC and Nigerian Government at Odds Over Country's Crude Oil Production

    The Federal Government of Nigeria and the Organization of the Petroleum Exporting Countries (OPEC) find themselves in disagreement regarding Nigeria's crude oil production levels. While Wale Edun, Nigeria's Minister of Finance, asserts that the country's daily oil output has surged to 1.65...
  8. Buhari Faces Scrutiny as Federal Government Initiates Audit of the N22.7 Trillion Ways and Means Loan Approved During His Tenure

    Nigeria Buhari Faces Scrutiny as Federal Government Initiates Audit of the N22.7 Trillion Ways and Means Loan Approved During His Tenure

    Abuja, Nigeria - The Federal Government has announced plans to audit the N22.7 trillion Ways and Means loan approved during former President Muhammadu Buhari's administration. This move, disclosed by Finance Minister Wale Edun at the Public Wealth Management Conference in Abuja, aims to enhance...
  9. Nigerians Slam CBN Governor for Blaming Students Abroad for Naira's Exchange Rate Woes

    Nigeria Nigerians Slam CBN Governor for Blaming Students Abroad for Naira's Exchange Rate Woes

    The Central Bank of Nigeria's Governor, Dr. Olayemi Cardoso, addresses the House of Representatives, linking the depreciation of the naira against the dollar to the increasing number of Nigerians pursuing education and medical treatments overseas. The governor outlines plans to tackle the high...
  10. Nigerians Doubt Wale Edun's Claim of an Improving Economy At Lawmakers Meeting

    Nigeria Nigerians Doubt Wale Edun's Claim of an Improving Economy At Lawmakers Meeting

    In a candid and interactive session before the House of Representatives, Wale Edun, Nigeria's Finance Minister and Coordinator for the Economy, delivered a robust statement asserting that the country's economy is now in a significantly improved state compared to its condition when President Bola...
  11. Finance Minister Calls for Unified Revenue System for Better Collection Efficiency

    Nigeria Finance Minister Calls for Unified Revenue System for Better Collection Efficiency

    In a pivotal appearance before the House of Representatives Committee on Finance, Finance Minister Wale Edun recommended the implementation of a centralized revenue collection system. Edun asserted that the Federal Inland Revenue Service (FIRS) should spearhead revenue collection not only for...
  12. Nigerian Government in Advanced Talks with World Bank for $1.5 Billion Budget Support Loan

    Nigeria Nigerian Government in Advanced Talks with World Bank for $1.5 Billion Budget Support Loan

    The federal government of Nigeria is on the brink of securing a substantial budget support facility amounting to $1.5 billion from the World Bank, announced Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. This significant development was disclosed during the...
  13. Nigeria News

    Metro Nigerians’ll pay higher electricity tariffs, FG promises IMF - Punch Newspaper

    https://www.google.com/amp/s/punchng.com/nigeriansll-pay-higher-electricity-tariffs-fg-promises-imf/%3famp=1
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    Metro Finance Minister, Adeosun Gets UN Appointment

    The United Nations has appointed Nigeria’s Minister of Finance, Kemi Adeosun, into the Investments Committee of the United Nations Joint Staff Pension Fund (UNJSPF). The Under-Secretary-General of United Nations, Jan Beagle, who confirmed Mrs. Adeosun’s appointment, disclosed that the minister...
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    Politics Ngozi Okonjo-Iweala Reveals Why Nigeria Is Facing Economic Hardship

    Former finance minister, Ngozi Okonjo Iweala stated that Nigeria is currently facing economic hardship because there was no political willpower to save during the Goodluck Jonathan administration. According to the finance minister, during Obasanjo’s administration, the political willpower to...
  16. naija questions

    30m Nigerians do not pay Tax – Adeosun – BellaNaija

    30m Nigerians do not pay Tax – Adeosun. Minister of Finance, Kemi Adeosun Speaking at the first annual lecture of the Lagos State Professorial Chair of Tax and Fiscal Matters at the University of Lagos, Minister of Finance Kemi Adeosun disclosed..... via BellaNaija -http://ift.tt/2ADjge0 --...
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    Business [PHOTOS] Kemi Adeosun In Lagos On Tax Enlightenment

    The Minister of Finance has set aside, every Thursday for tax enlightement across the country. Last Thursday, the Minister, Kemi Adeosun, took out time to carry out the enlightenment programme in Lagos. Mrs, Adosun's policies and programmes are making waves in Nigeria. The first is the...
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    Politics Nigerian Senate Recommends Sack of Adeosun, Udoma Over Economic Woes

    The Senate on Wednesday recommended the sack of Minister of Finance Kemi Adeosun and her counterpart in the Ministry of Budget and National Planning, Udo Udoma. The senators made the recommendation at plenary on Wednesday when it commenced deliberation on the economic challenges of the country...
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    Business Finance Minister is One of the Toughest Job – Okonjo Iweala

    Former Minister of Finance, Ngozi Okonjo featured on Al jazeera The Stream where she discussed her personal life and project. Okonjo said the office of the Minister of Finance is one of the toughest job anyone can hold in any country. "No one can like you as a finance minister, even your...
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    Business Economic Woes: Angolan President, Eduardo Sacks Finance Minister Manuel

    Angolan President Jose Eduardo dos Santos has sacked the country's Finance Minister, Armando Manuel over an economic slump caused by a sharp drop in oil prices that sapped dollar inflows, hammered the kwanza and prompted heavy government borrowing. In a cabinet reshuffle on Monday, dos Santos...
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