Wale Edun

The federation account allocation committee (FAAC) says it shared a total of N2.22 trillion among the three tiers of government in August. The allocation is from a gross total of N3.63 trillion. In a statement on Wednesday, the…

The Director-General of the Budget Office of the Federation, Dr. Tanimu Yakubu, said the federal government is funding the capital component of the 2024 budget using revenue accrued under the 2025 budget. Yakubu stated this in Abuja on…

Prominent Nigerian businessman Femi Otedola and other major investors have expressed renewed confidence in the Federal Government’s economic reform agenda and pledged to deepen their investments in sectors vital to the country’s inclusive…

Dangote Refinery has suspended the sale of petroleum products to domestic market in Naira following the failure of the Federal Government to renew the crude-for-Naira deal the company had with Nigerian National Petroleum Company Limited…

Three ministers took turns yesterday to explain the gains of the stoppage of petrol subsidy payment, Budget 2024 implementation performance and the importance of the national identity scheme. The ministers are Mr. Wale Edun…

The federation account allocation committee (FAAC) says it shared N1.72 trillion among the three tiers of government in November 2024. The amount shared represents an increase of N310 billion compared to the N1.41 trillion shared in…

The minister of finance and coordinating minister of the economy, Olawale Edun said that the removal of fuel subsidy by the Tinubu-led administration has halted the bleeding that was costing five per cent of the nation’s Growth Domestic…

The Federal Executive Council on Thursday approved a $2.2bn external borrowing plan. This is part of the Federal Government’s external borrowing programme for the 2024 Appropriation Act, the Finance Minister, Mr Wale Edun, told State…

Nigeria has officially commenced the sale of crude oil and refined petroleum products in Naira. A statement from the Ministry of Finance on Saturday said the Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…

The federation account allocation committee (FAAC) says the three tiers of government shared a total of N1.203 trillion in August 2024 from a gross total of N2.278 trillion. According to a statement on Tuesday by Mohammed Manga,…