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Tinubu orders arrest of fake agency promoter, suspends

  • 21st August 2026

FBI asks US court to keep Tinubu-related records

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US recognises Nigerian-American fintech entrepreneur George Azih

  • 21st August 2026

Geregu Power confirms payment of N40bn bond coupon,

  • 21st August 2026

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Tinubu orders arrest of fake agency promoter, suspends three

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Tag: Taiwo Oyedele

Finance

FG borrowed ₦11.9tn in 31 months, says Oyedele

The Federal Government borrowed N11.9 trillion between June 2023 and December 2025, but says the amount would have been significantly higher without the fiscal space created by its economic reforms. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this while presenting the government’s reforms scorecard. He said the government’s incremental resources […]

Finance

FG spent N9.39tn on wage hike, allowances in 31 months – Oyedele

The Federal Government spent N9.39 trillion on wage adjustments, minimum wage increases and allowances for public servants between June 2023 and December 2025, the Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, has disclosed. Oyedele made the disclosure while presenting Nigeria’s Reform Scorecard at the Ministry of Finance headquarters in Abuja […]

Economy featured

FG reveals ₦15.8tn gains from subsidy, FX reforms

The administration of President Bola Ahmed Tinubu has released a comprehensive “Reform Scorecard,” detailing the economic trajectory of Nigeria three years into a series of aggressive fiscal and monetary overhauls. Delivered by Prof. Taiwo Oyedele at the Ministry of Finance in Abuja, the briefing offered a transparent accounting of the radical shifts following the removal […]

Economy featured

Tinubu’s reforms pushed FAAC to ₦2trn monthly, from ₦300bn — Oyedele

Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, says the Federal Government’s economic reforms have pushed the monthly Federal Allocation to over N2 trillion, up from an average of N300 billion under past administrations. Oyedele disclosed the fiscal shift on Monday in Owerri, while declaring open the 2026 National Council on […]

featured Finance

Workers union demands meeting with Oyedele over unpaid wage award

Federal workers, through the Joint National Public Service Negotiating Council, have called on the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, to convene an urgent meeting over unresolved welfare issues affecting civil servants nationwide. The union said it was seeking an audience with the minister on or before August 11, warning […]

featured Finance

Oyedele inaugurates committee to draft new VAT order

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has inaugurated an Inter-Ministerial Committee to develop a new Value Added Tax Modification Order 2026 to support the implementation of Nigeria’s recently enacted Tax Reform Acts. According to a statement from the Finance Ministry, the committee, inaugurated on Friday in Abuja, has been […]

Economy

FG considers new framework to measure economic success — Oyedele

The Minister of Finance, Taiwo Oyedele, has said that the Federal Government will adopt a new framework for assessing Nigeria’s economic performance. According to him, the government is shifting emphasis from headline growth figures to measurable improvements in living standards and shared prosperity. Nairametrics reported that Oyedele disclosed the initiative at the BusinessDay CEO Forum […]

featured Finance

FG denies spending ₦8trn outside approved budget, faults IMF claim

The Federal Government has dismissed claims that it spent over N8 trillion outside the approved budget, describing the allegation as false and a misrepresentation of the 2026 Article IV Consultation Report by the International Monetary Fund. The government said reports suggesting that about two per cent of Nigeria’s Gross Domestic Product, was expended outside the […]

Economy

How Tinubu’s reforms saved Nigeria from economic collapse — Oyedele

The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, says President Bola Tinubu’s reforms prevented Nigeria’s economy from collapsing. Oyedele said this on Tuesday in Abuja during a plenary at the 2026 Nigeria Employers’ Summit organised by the Nigeria Employers’ Consultative Association (NECA). Oyedele, who spoke on the theme “The Reforms […]

Finance

Oyedele, Wike meet to harmonise FCT tax administration

The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele and his Federal Capital Territory counterpart, Barr. Nyesom Wike have met to fine-tune the tax administration in the FCT. Mr. Oyedele, in a statement on Sunday, described it as a, “productive bilateral meeting,” adding, “the two Ministers also reviewed plans to harmonise […]

Business

Oyedele unveils digital platforms to boost taxpayer complaint resolution

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Monday officially launched the Office of the Tax Ombud’s digital case management portal, website, and call centre to strengthen taxpayer protection. The unveiling ceremony, held in Abuja. Also present were the Minister of Information and National Orientation, Mohammed Idris; the Head of […]

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