The Federal Government has reported significant boosts in the nation’s economy with the Excess Crude Account standing at $473.75 million and the Stabilisation Account at over N28.7 billion. The government also said that the nation’s Natural Resources fund stood at over N53.89 billion. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, … Read more
The Nigeria Customs Service (NCS) has announced the suspension of the 25 per cent import duty penalty on improperly imported vehicles. The directive for the suspension came from the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and is said to be part of strategies to help rejuvenate the economy and ensure … Read more
President Bola Tinubu has set up a six-person panel to reposition Nigeria’s social investment programmes. PREMIUM TIMES reported that the president had suspended the programmes following tbe financial scandal in the humanitarian ministry which supervised them. The current humanitarian minister, Betta Edu, is under suspension while her predecessor, Sadiya Faruq, is also being investigated by … Read more
To finance Nigeria’s N28.8 trillion budget, the federal government will eliminate the reliance on Ways & Means, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said. The minister on Monday said the federal government would rather focus on bolstering revenue and driving economic growth. According to Mr Edun, the federal … Read more
To finance Nigeria’s N28.8 trillion budget, the federal government will eliminate the reliance on Ways & Means, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said. The minister on Monday said the federal government would rather focus on bolstering revenue and driving economic growth. According to Mr Edun, the federal … Read more
