wale edun

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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/
  2. Economic Concerns Grow as Nigeria's Debt-to-GDP Ratio Surpasses 50%

    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...
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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/
  4. 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...
  5. 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...
  6. Nigeria Fuel Subsidy To Hit N5.4 Trillion In 2024 from N3.6 Trillion in 2023 - Wale Edun

    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...
  7. 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...
  8. 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...
  9. Tinubu's First Year: Calls for Lasting Solutions Grow as FG Resumes Cash Transfer Scheme for 75 Million Nigerians

    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...
  10. Atiku Opposes FG's Move to Tap N20 Trillion Pension Funds for Infrastructure

    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...
  11. Nigeria's Currency Crisis: Minister Edun Sounds Alarm Over Naira's Decline

    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...
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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/
  13. 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...
  14. Nigeria's Finance Minister Attributes Hyperinflation and Hardship to Buhari's 'Aimless' Fiscal Policies

    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...
  15. Nigerian Business Titans Unite in Emotional Tribute to Late Access Bank CEO, Herbert Wigwe

    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...
  16. Betta Edu Scandal: Panel Led by Wale Edun Recommends Major Changes to Social Investment Programs

    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...
  17. Nigeria's Poverty Trap: Only About 5% Of Nigerians Have Over N500,000 In Their Bank Accounts — Wale Edun

    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...
  18. Nigerians Call for Long-Term Solutions Amid Hardship as FG Plans Monthly N25K Aid for 15m Households

    Nigeria Nigerians Call for Long-Term Solutions Amid Hardship as FG Plans Monthly N25K Aid for 15m Households

    In response to rising living costs and economic challenges, the Federal Government is launching a new plan to give N25,000 every month to 15 million households across the country. This initiative comes after recent policy changes led to increased petrol prices and a tough economic situation for...
  19. Nigerians Divided Over  FG's Announcement of Cash Transfer to 12 million People

    Nigeria Nigerians Divided Over FG's Announcement of Cash Transfer to 12 million People

    In response to the escalating cost of living and the hardships faced by millions, the federal government is gearing up to restart direct cash transfers, targeting the poorest and most vulnerable Nigerians. The revelation came from the Minister of Finance and Coordinating Minister for the...
  20. Again, Federal Government Points Finger at Buhari for Nigeria's Current Woes

    Nigeria Again, Federal Government Points Finger at Buhari for Nigeria's Current Woes

    At the Public Wealth Management Conference in Abuja, Finance Minister Wale Edun shed light on the economic challenges inherited by President Bola Tinubu's administration, particularly a surge in food and general commodity prices from the previous government. Despite this, Edun emphasized the...
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