wale edun

Wale Edun, Nigeria's immediate past finance minister, resigned on Tuesday after a tenure marked by bold economic reforms and significant challenges. The economy grew from 2.5% to 4.1% under his watch, and inflation fell from 35% to 15%. However, his policies also fuelled a cost-of-living crisis...

The Digest: The presidency has clarified that former Finance Minister Wale Edun resigned from his position due to recent ill health, contrary to reports that he was sacked. Bayo Onanuga, presidential spokesperson, said Edun, who turned 70 on Monday, submitted his resignation letter on his...

The Digest: President Bola Tinubu sacked Finance Minister Wale Edun following months of tension over poor capital budget releases and a heated altercation at a Federal Executive Council meeting on December 10, 2025. Insiders said Edun raised his voice at the president during the meeting...

The Digest: President Bola Tinubu has stated that cabinet reshuffles will be a "continuous" process to strengthen governance in Nigeria. Following the dismissal of Finance Minister Wale Edun and Housing Minister Umar Dangiwa, the President assured all cabinet members that "the process of...

The Digest: President Bola Tinubu has appointed Taiwo Oyedele as the new Minister of Finance and Coordinating Minister of the Economy, replacing Wale Edun in a minor cabinet reshuffle. Oyedele previously served as Minister of State for Finance. Secretary to the Government of the Federation...

The Digest: President Bola Tinubu has sacked Wale Edun, Minister of Finance and Coordinating Minister of the Economy, and Umar Dangiwa, Minister of Housing and Urban Development. Secretary to the Government of the Federation, George Akume, announced the cabinet reshuffle in a memo. Taiwo...

The Digest: Finance Minister Wale Edun has said Nigeria's economy is in shock due to the Middle East crisis, with petrol prices rising over 50% from N890-N900 to N1,260-N1,330. Diesel prices surged over 70% to about N1,550 per litre at peak. Edun spoke ahead of the IMF/World Bank Spring...

The Digest: The federal government will not intervene to regulate petrol prices amid escalating Middle East tensions, Finance Minister Wale Edun has declared. Speaking on Channels Television, Edun said the government would instead pursue initiatives like the provision of 100,000 additional...

The Digest: The federal government has unveiled new presumptive tax regulations banning cash collection of taxes and the mounting of roadblocks for tax collection in the informal sector. The framework, signed by the Joint Revenue Board (JRB) in Abuja, aims to eliminate informal, coercive, and...

The Digest: Finance Minister Wale Edun has warned that about 50 percent of low-income countries are in or approaching debt distress, requiring urgent action, while Nigeria's debt service-to-revenue ratio stood at 47% in 2025. Speaking at the Group of 24 (G-24) Technical Group Meeting in Abuja...

The Digest: Finance Minister Wale Edun has stated that the Federal Government will reduce its reliance on borrowing to finance the 2026 budget deficit, focusing instead on revenue generation and domestic resource mobilisation. According to Leadership News, the announcement was made at the...

The Digest: The Federal Government plans to reduce its reliance on borrowing and focus more on domestic investment and revenue generation, according to Finance Minister Wale Edun. Speaking at the World Economic Forum in Davos, Switzerland, Edun stated the administration's priority is...

The Digest: Finance Minister Wale Edun has assured investors that the recent U.S. airstrike on terrorist targets in Sokoto State will not destabilise Nigeria’s financial markets, framing the operation instead as a reinforcement of security and economic confidence. In a statement issued Sunday...

The Digest: Finance Minister Wale Edun has revealed the federal government fell drastically short of its 2025 revenue target, collecting only N10.7 trillion against a N40.8 trillion projection. This disclosure challenges the President's earlier statement that Nigeria had met its annual target...

The Digest: Nigerian Finance Minister Wale Edun has been spotted at a contemporary African art fair in London, days after reports emerged that he was indisposed and traveling abroad for medical treatment. A video shared by the Presidential spokesperson shows Edun addressing guests at the O’DA...

The Digest: Finance Minister Wale Edun has been flown to the United Kingdom for medical treatment after initially being treated in Nigeria, confirming earlier speculation about his health condition while maintaining continuity in Nigeria's economic leadership during a period of crucial...

The Digest: The Presidency has provided reassurance about the health of Finance Minister Wale Edun, confirming he is recuperating in Abuja after being replaced as leader of Nigeria's delegation to the World Bank and IMF meetings due to illness. Key Points: Finance Minister Wale Edun was...

The Digest: The Presidency has officially dismissed circulating reports that Finance Minister Wale Edun suffered a stroke and was flown abroad for treatment. According to official statements, the minister is "indisposed" and recuperating at his private residence in Abuja under the care of...

The Digest: Human rights lawyer Festus Ogun is set to petition the Federal Government, demanding full disclosure of the 71 million Nigerians allegedly paid ₦25,000 under its cash transfer scheme. The move follows Finance Minister Wale Edun’s claim that ₦330 billion was disbursed to 8.1 million...

The Digest: The Federal Government has disbursed N330 billion to 8.5 million poor and vulnerable households as part of its renewed social protection programme. Finance Minister Wale Edun announced the payments, emphasizing efforts to mitigate economic hardship through direct cash transfers...