wale edun
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Nigeria Nigerian Finance Minister Reveals $600 Million Spent Monthly on Fuel Imports for Neighboring Countries
Nigeria’s Finance Minister Wale Edun reveals that the country’s $600 million monthly fuel imports also serve neighboring nations, not just Nigeria. This disclosure, following the subsidy removal on May 29, 2023, has sparked controversy and criticism, intensifying the #EndBadGovernance protests...- Nigeria News
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- 1 min read
- fuel importation nigeria fuel imports nigeria fuel subsidy removal wale edun
- Category: Metro
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Nigeria Nigeria Spends $600M Monthly on Fuel Imports, Says Finance Minister Wale Edun
Nigeria spends $600 million monthly on fuel imports, Finance Minister Wale Edun reveals. This high cost, attributed to neighboring countries benefiting from Nigeria's fuel, led to the removal of the fuel subsidy. Edun emphasizes the lack of accurate domestic consumption data and the focus on...- Nigeria News
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- 2 min read
- fuel expenditure nigeria fuel import cost nigeria fuel subsidy removal wale edun
- Category: Business
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Nigeria Nigeria’s Cash Transfer Scheme Resumes: 600,000 Households Receive Aid
The Federal Government's cash transfer scheme has resumed, benefiting over 600,000 households. Finance Minister Wale Edun announced this during a review briefing, highlighting ongoing economic reforms and efforts to address food prices and inflation. The government aims to enhance transparency...- Nigeria News
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- 2 min read
- fg cash transfer scheme nigeria direct cash transfer wale edun
- Category: Business
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Business Finance Minister tasks SEC Board on innovation, arbitrage - Vanguard News
https://www.vanguardngr.com/2024/07/finance-minister-tasks-sec-board-on-innovation-arbitrage/- Kayode Israel
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- naija news nigeria news vanguard news wale edun
- Replies: 0
- Forum: Business News Links
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Nigeria Economic Concerns Grow as Nigeria's Debt-to-GDP Ratio Surpasses 50%
Nigeria's debt-to-GDP ratio has surpassed 50%, hitting N121 trillion in total debt. Moody’s predicts debt interest could consume 36% of government revenue, highlighting economic challenges amid rising borrowing and currency devaluation pressures. Nigeria’s debt-to-GDP ratio has exceeded 50% for...- Nigeria News
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- 1 min read
- dmo debt report nigeria debt-to-gdp ratio wale edun
- Category: Business
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Business Federal Govt Plans New Revenue Collection, Disbursement Platform For MDAs - Leadership News
https://leadership.ng/federal-govt-plans-new-revenue-collection-disbursement-platform-for-mdas/- Kayode Israel
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- leadership news naija news nigeria news wale edun
- Replies: 0
- Forum: Business News Links
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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...- Nigeria News
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- 1 min read
- finance minister minimum wage wale edun
- Category: Politics
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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...- Nigeria News
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- 1 min read
- bola tinubu finance minister minimum wage national minimum wage nigeria wale edun
- Category: Politics
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Nigeria Nigeria Fuel Subsidy To Hit N5.4 Trillion In 2024 from N3.6 Trillion in 2023 - Wale Edun
Fuel subsidy in Nigeria is set to skyrocket, with projected expenditure reaching N5.4 trillion in 2024, a significant increase from N3.6 trillion in 2023. Despite previous claims of its elimination, a draft report reveals ongoing subsidy expenditure, sparking debates and discussions on the...- Nigeria News
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- 2 min read
- fuel subsidy nigeria president tinubu wale edun
- Category: Business
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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...- Nigeria News
- Article
- 3 min read
- finance minister president tinubu wale edun
- Category: Business
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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...- Nigeria News
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- 2 min read
- business newe finance minister wale edun
- Category: Business
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Nigeria Tinubu's First Year: Calls for Lasting Solutions Grow as FG Resumes Cash Transfer Scheme for 75 Million Nigerians
Fed Govt reinstates social investment program, offering direct payments to 75M Nigerians. Amidst rising food inflation, initiatives aim to ease suffering and stimulate the economy. Finance Minister announces reforms to tackle corruption and boost economic stability. The Federal Government...- Nigeria News
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- 2 min read
- cash transfer scheme economic reforms poverty alleviation tinubus first anniversary wale edun
- Category: Politics
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Nigeria Atiku Opposes FG's Move to Tap N20 Trillion Pension Funds for Infrastructure
The Federal Government's decision to allocate N20 trillion from pension funds for infrastructure sparks controversy. Minister Wale Edun champions the move, citing available long-term funds and collaboration opportunities. Atiku Abubakar opposes, warning of pension regulations violations...- Nigeria News
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- 2 min read
- atiku abubakar fec meeting pension funds wale edun
- Category: Politics
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Nigeria Nigeria's Currency Crisis: Minister Edun Sounds Alarm Over Naira's Decline
Minister of Finance, Wale Edun, expressed profound concern over the populace's diminishing trust in the nation's currency, the Naira. Edun's remarks, delivered at a recent event in Lagos, underscored a troubling trend where Nigerians are increasingly opting to save in more stable foreign...- Nigeria News
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- 2 min read
- minister of finance us dollar wale edun
- Category: Business
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Business Customs suspends 25% penalty on smuggled vehicles users - Daily Post
https://dailypost.ng/2024/03/23/customs-suspends-25-penalty-on-smuggled-vehicles-users/- Kayode Israel
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- daily post news naija news nigeria news wale edun
- Replies: 0
- Forum: Business News Links
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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...- Nigeria News
- Article
- 1 min read
- finance minister nigeria crude oil production oil market report opec wale edun
- Category: Business
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Nigeria Nigeria's Finance Minister Attributes Hyperinflation and Hardship to Buhari's 'Aimless' Fiscal Policies
Wale Edun has thrown a spotlight on the Buhari administration, alleging that their "aimless" printing of trillions of naira from 2015 to 2023 directly led to Nigeria's current hyperinflation crisis. Edun, the former finance and coordinating minister of the economy, shared his concerns with the...- Nigeria News
- Article
- 2 min read
- buharis administration hyperinflation crisis president tinubu wale edun
- Category: Politics
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Nigeria Nigerian Business Titans Unite in Emotional Tribute to Late Access Bank CEO, Herbert Wigwe
In a profoundly moving "Night of Tributes" dedicated to honoring the life and accomplishments of the late Chief Executive Officer of Access Corporation Plc, Herbert Wigwe, a distinguished assembly of corporate magnates, political figures, and business leaders converged to celebrate the enduring...- Nigeria News
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- 2 min read
- access bank ceo access corporation plc access holdings plc adesina akinwunmi aliko dangote herbert wigwe herbert wigwes funeral nigerian banking sector nigerian business leaders wale edun
- Category: Business
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Nigeria Betta Edu Scandal: Panel Led by Wale Edun Recommends Major Changes to Social Investment Programs
The presidential panel on social investment programs, led by Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has proposed the removal of intervention initiatives from the jurisdiction of the Ministry of Humanitarian Affairs. According to reliable sources, the panel...- Nigeria News
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- 2 min read
- ministry of humanitarian affairs wale edun
- Category: Politics
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Nigeria Nigeria's Poverty Trap: Only About 5% Of Nigerians Have Over N500,000 In Their Bank Accounts — Wale Edun
Finance Minister and Coordinating Minister of the Economy, Wale Edun, disclosed in a recent interview with Channels TV that approximately only 5% of Nigerians have more than N500,000 in their bank accounts. Edun emphasized that the ongoing federal government reforms aim to address economic...- Nigeria News
- Article
- 1 min read
- cbn nigerias economy wale edun yemi cardoso
- Category: Business
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