Tag: Wale Edun
Borrowing Necessary Despite Surplus Revenues, Says Federal Government
The Federal Government defends borrowing despite exceeding revenue targets, highlighting a $2.2 billion loan to address a N9.7 trillion budget ...
Why Tinubu’s Reforms Are Causing Pain – Wale Edun
Finance Minister Wale Edun explained that President Tinubu's economic reforms, while challenging, are essential for long-term growth and stability in ...
Tinubu Committed to Lifting Nigerians Out of Poverty – Finance Minister
Minister Wale Edun emphasized President Tinubu's commitment to reducing poverty and stabilizing the economy through targeted policies and reforms Edun ...
No Going Back On Forex, Subsidy Reforms – Finance Minister
Minister Wale Edun affirmed that President Tinubu's economic reforms in foreign exchange and oil sectors will not be reversed, emphasizing ...
Nigeria’s Initiative to Sell Crude Oil to Local Refiners Shows Positive Results
He commended the efforts of the implementation committee and various stakeholders, including the Nigerian Midstream and Downstream Petroleum Regulatory Authority ...
NNPC commences $6 Billion debt repayment to suppliers — finance minister
On September 1, the NNPC had admitted to owing the sum of $6 billion to suppliers of petrol, also known ...
JUST-IN: Lawmakers evaluating bill seeking to increase VAT to 10% by 2025
Recall that Oyedele on June 4 suggested a 5% cut in Corporate Income Tax to foster business growth and investment. ...
Nigeria’s Capital Importation Drops by 22% in Q2 – NBS
Nigeria's capital importation fell by 22.85% in Q2 2024, from $3.37 billion to $2.60 billion, according to the NBS report ...
Lifting of Petrol from Dangote Refinery Renews Hope of Nigerians – FG
The Federal Government praises the commencement of petrol lifting from the Dangote Refinery, marking a significant step towards Nigeria's energy ...
FG clarifies VAT rate amid reported hike
Edun described the purported reports as inaccurate. Edun reiterated that VAT remains at 7.5 per cent and will continue to ...
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