Taiwo Oyedele

Oyedele Tasks Customs To Cut Port Delays, Speed Up Cargo Clearance

Oyedele gave the charge during his first Board meeting at the Customs headquarters in Abuja since becoming Chairman of the NCS Board.

FG Invites Nigerians to Submit Proposals For 2027 Finance Bill

The Federal Ministry of Finance, in a public notice on Friday, said the call was aimed at obtaining practical and evidence-based legislative and regulatory recommendations that would strengthen the country’s fiscal framework, improve the business and investment environment, and support sustainable economic growth.

President Tinubu Directs Finance Minister To Present ‘Reforms Scorecard’ To Nigerians

President Bola Ahmed Tinubu has directed Finance Minister Taiwo Oyedele to present ‘The Reforms Scorecard’, detailing the economic impact of administration policies since 2023. Official figures show fuel subsidy removal and currency unification generated ₦15.8 trillion in additional...

Nigeria Mobilised ₦15.8trn From Petrol Subsidy Removal Between June 2023 And December 2025 – Oyedele

Nigeria mobilised ₦15.8 trillion from petrol subsidy savings between June 2023 and December 2025, according to Finance Minister Taiwo Oyedele. The Federal Government received ₦5.4 trillion, while ₦10.4 trillion was shared among states and local governments. Oyedele said...

FG Sets Mid-August Deadline to Clear Outstanding Wage Awards, Moves to Pay Promotion Arrears

Federal Government fixes a mid-August deadline for the payment of outstanding wage awards, assuring eligible public servants that disbursement will begin once the final release of funds is concluded. Promotion arrears move into payment stage as the government...

Civil Servants Give Finance Minister August 11 Deadline Over Unpaid Wages, Allowances

Federal civil servants have given Finance Minister Taiwo Oyedele until August 11 to resolve outstanding wage awards and the delayed 40 percent peculiar allowance or risk industrial action. Workers accused the minister of ignoring repeated appeals, saying that...

FG Unveils Bold Plan to Slash Borrowing Costs as Nigerians Await Subsidy Savings Report

Nigeria's government is developing a framework to reduce the cost of capital without introducing new subsidies in a bid to stimulate private investment and economic growth. Finance Minister Taiwo Oyedele also announced that a detailed report on savings...

FG Defends Borrowing, Reveals How Subsidy Savings Were Spent

Federal Government says savings from petrol and foreign exchange subsidy reforms have been channelled into debt servicing, wage increases, student loans, and other critical national obligations. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, pledges...

‘No ₦8tn Shadow Treasury, All Public Spending Backed by Law’ – FG Clarifies IMF Report, Faults Atiku

July 05, (THEWILL) — Federal Government has dismissed allegations that it operated a "shadow treasury" through more than ₦8 trillion in off-budget spending, insisting that every kobo of public expenditure under the administration of President Bola Tinubu is...

FG Moves To Curb Illegal Taxes, Unveils Fresh Guidelines For States, LGAs

May 19, (THEWILL) — The Federal Government has announced plans to introduce fresh regulations and implementation guidelines to tackle illegal and multiple taxation by state and local governments across Nigeria. The Minister of Finance and Coordinating Minister of the Economy,...
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Nigerian-American Ugo Ugochukwu Makes History as 2026 FIA Formula 3 Champion

Nigerian-American driver Ugo Ugochukwu has been crowned the 2026 FIA Formula 3 champion after producing a crucial second-place finish in the championship-deciding race in Madrid.
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