The Federation Account Allocation Committee (FAAC), at its March 2025 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.678 Trillion to the three tiers of government as Federation Allocation for the month of February 2025 from a gross total of N2.344 Trillion. From...
Category: News
Post
Post
EDUN CARDOSO BRAINSTORM TO ADVANCE COORDINATION BETWEEN FISCAL, MONETARY AUTHORITIES
In a groundbreaking move set to redefine Nigeria’s economic landscape, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso has convened a high-level meeting at the Central Bank Headquarters in Abuja on Fridayto advance ongoing efforts at strengthening...
Post
FG Flags off Reconstruction of the 125-KM Benin-Asaba Dual Carriageway:
The Federal Government has officially flagged off the reconstruction of the 125-kilometre Benin-Asaba Expressway, a vital road corridor in the southern part of the country. The event, which took place on Sunday, 21st March 2025, was performed on behalf of the President, His Excellency Bola Ahmed Tinubu, GCFR, by the Edo State Governor, His Excellency...
Post
STANDARD CHARTERED BANK LAUDS NIGERIA’S ECONOMIC REFORMS, EXPLORES INVESTMENT OPPORTUNITIES
In a resounding endorsement of Nigeria’s bold economic transformation, a high-powered delegation from Standard Chartered Bank has commended the country’s sweeping reforms, paving the way for a new era of investment and growth. During a meeting with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, in his office in...
Post
FG AIMS TO BOOST FOOD SECURITY WITH ENHANCED NAGS
The Federal Government has taken a significant step towards achieving food security and economic growth, as the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, presided over a high-level meeting in his office in Abuja today, on the operationalisation of the enhanced National Agricultural Growth Scheme (NAGS). The strategic initiative...
Post
FG REAFFIRMS COMMITMENT TO BUSINESS-FRIENDLY ENVIRONMENT
In a move to boost Nigeria’s economic growth and development, the Federal Government has reaffirmed its commitment to creating a safe and conducive environment that will foster private sector investments aimed at unlocking new economic potentials as well as create job opportunities for the teeming youth in the country. The Honourable Minister of Finance and...
Post
FG REAFFIRMS COMMITMENT TO BUSINESS-FRIENDLY ENVIRONMENT
In a move to boost Nigeria’s economic growth and development, the Federal Government has reaffirmed its commitment to creating a safe and conducive environment that will foster private sector investments aimed at unlocking new economic potentials as well as create job opportunities for the teeming youth in the country. The Honourable Minister of Finance and...
Post
WALE EDUN MEETS BARBADOS PM MIA MOTTLEY TO STRENGTHEN AFRICA-CARIBBEAN TIES
On the sidelines of the Sustainable Energy for All (SEforALL) Forum, Nigeria’s Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has held a bilateral meeting with Prime Minister Mia Mottley of Barbados. Discussions centred on deepening cultural exchange, expanding trade, and enhancing the movement of goods and people between Africa...
Post
NIGERIA SET FOR HIGHEST ECONOMIC GROWTH RATE IN YEARS
The Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite has expressed optimism that Nigeria’s economy is projected to grow by 7% in 2025, surpassing the initial target projection of 4.6% set in the 2025 budget. This growth is attributed to the effectiveness of the economic reforms, the vibrancy of the business ecosystem, and strategic...
Post
WALE EDUN UNVEILS NIGERIA’S ENERGY INVESTMENT OPPORTUNITIES AT SEforALL FORUM
As the world grapples with the challenges of limited energy access, Nigeria is poised to unlock its vast energy potential and become a major player in the global energy market. Speaking at the Sustainable Energy for All (SEforALL) Forum in Bridgetown, Barbados where he joined other world leaders, Nigeria’s Honourable Minister of Finance and Coordinating...