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Tag: Wale Edun

Opinion

Probe Oyedele, Edun over ₦12trn subsidy savings gap, APM tells EFCC

The Allied Peoples’ Movement has petitioned the Economic and Financial Crimes Commission to investigate an alleged N12 trillion discrepancy in savings from petrol subsidy removal, and question key officials, including Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and his predecessor, Wale Edun. The party said the figures raise a straightforward question: […]

Opinion

Edun urges Africa to halt $88bn annual illicit financial flows

The Federal Government has called for urgent action to tackle Illicit Financial Flows across Africa, which drain the continent of $88 billion annually. Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun, made the call while speaking at the opening of the 5th Sub-Committee on Tax and IFFs of the African Union’s […]

Economy

Why Nigeria targets 7% annual GDP growth — Edun

The Minister of Finance and Coordinating Minister of the Economy, Mr Olawale Edun, has said the nation is targeting an annual seven per cent growth in its Gross Domestic Product, GDP, so as to take as many Nigerians as possible out of poverty. He noted that since the economy of the country has stabilised after […]

Nigeria expecting $2.2bn loans from World Bank - Minister
Conferences featured

Low-income nations face debt distress, Edun warns

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has warned that about 50 percent of low-income countries are in or approaching debt distress, requiring urgent actions. It was not clear where Nigeria stands on his assertion but based on World Bank classifications for 2024–2026, Nigeria is classified as a lower-middle-income country, […]

Business

Ministry of Finance unveils first-ever MOFI excellence awards

The Ministry of Finance Incorporated is set to launch the inaugural MOFI Excellence Awards in the second quarter of 2026. The awards aim to promote a culture of good corporate governance among Government-owned Enterprises. The awards panel, part of the country’s first initiative dedicated to recognising excellence in corporate governance and performance across Federal Government-owned […]

Business

Reforms, private sector vital for 7% GDP growth – Minister

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, stated that sustained economic reforms and increased private sector participation are key to Nigeria’s goal of achieving at least seven per cent GDP growth by 2027–2028. Speaking on Tuesday at the African Business Convention in Lagos, Edun emphasized that Nigeria remains on […]

Business

Finance minister foresees $37bn jump in Arab-African trade

Finance Minister, Wale Edun, forecasts that Arab–African trade could grow by over $37 billion in the next three years. He highlighted agribusiness and industrial partnerships as key drivers of this expansion during the Agribusiness Matchmaking Forum in Abuja. He called on stakeholders to shift their focus from exporting raw commodities to creating higher-value products. “Partners […]

featured News

Edun assumes G-24 chair, vows resource dev’t focus

Minister of Finance and Coordinating Minister of Economy, Mr. Wale Edun, has formally assumed the Chairmanship of the Group of 24 (G-24), announcing that the group will focus on “Optimising Resource Development for Inclusive, Job-Rich Economic Transformation” under his leadership. In a statement issued on Thursday, Edun explained that the chosen theme reflects all critical […]

Only 5% have over N500,000 in their bank accounts — Wale Edun
Economy

Economy rebounding strongly to Tinubu’s reforms, says Edun

The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, has announced that Nigeria’s economy is showing strong signs of recovery following a series of bold reforms introduced by President Bola Tinubu. Speaking with State House correspondents on Thursday after briefing the President on the current state of the economy, Edun confirmed that […]

Nigeria expecting $2.2bn loans from World Bank - Minister
Economy

Worst days are behind Nigeria, economy is stabilizing – Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured Nigerians that the country’s economy has turned the corner. He stated this in an opinion released on Sunday titled “Nigeria turning towards prosperity,” reassuring the citizens that the worst days were over. Edun asserted: “Despite some historical shortfalls and present-day challenges, […]

Nigeria expecting $2.2bn loans from World Bank - Minister
Conferences

ISAN conference: Wale Edun to speak on Nigeria’s $1trn economy

The Independent Shareholders Association of Nigeria has finalized arrangements for its eighth Triennial Delegates Conference scheduled for October 30, 2025. The conference will focus on the theme: “Nigeria, towards $1 trillion economy by 2030.” The Minister of Finance and Coordinating Minister of Economy, Mr. Wale Edun, is slated to chair the conference and serve as […]

featured News

Wale Edun flies to London for medical treatment

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has traveled to the United Kingdom to seek medical attention, a development confirmed by multiple sources on Tuesday morning. The report, initially published by Western Post, was corroborated by a source who had previously informed The PUNCH that the minister might seek […]

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