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WALE EDUN
Nigerian National Petroleum Corporation (NNPC) Limited has said that the Ajaokuta-Kaduna-Kano (AKK) gas pipeline will be completed by the first quarter of 2025.
The Federation Accounts Allocation Committee (FAAC) has announced the disbursement of N1.143 trillion as the total revenue for May 2024
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has debunked reports that the federal government made a N5.4 trillion provision for fuel subsidy for 2024.
The Federal Government of Nigeria plans to settle about N1.7 trillion electricity debt through the issuance of bonds and promissory notes.
The Federal Government is considering a six-month suspension of import duties on staple food items, drugs, and other essential items as a measure to curb inflation, according to a report by Bloomberg.
The Federal government said fuel subsidy is projected to gulp about N5.4 trillion in 2024 as against the N3.6 trillion budgeted for the intervention in 2023.
The federal government is currently looking at plans to approve through an Executive Order the importation of paddy rice to millers to stem the growing tide of food inflation across the country.
The Minister of Information, Idris Mohammed, said the Finance Minister, Wale Edun, will present a new minimum wage template today (Wednesday, June 5, 2024) to President Bola Tinubu.
Wale Edun has said that federal government is providing up to N1 billion in credit facility to large enterprises, including manufacturers, at 9% interest rate.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the federal government has settled a swooping N7.3 trillion in ways and means advances to the Central Bank.
The Minister of finance Wale Edun has insisted that fuel subsidy removal is an ongoing process that depends...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated that the oil and gas sector is anticipated to receive approximately $7 billion in investments due to the new incentives framework introduced by President Tinubu’s administration.