Wale Edun

May 06, (THEWILL) – The Federal Executive Council (FEC) has approved Nigeria’s membership of the Asian Infrastructure Investment Bank (AIIB) and the subscription of 50 shares valued at $5 million in the multilateral institution. The Minister of Finance,...

April 11, (THEWILL) – The Federal Government has inaugurated a sub-committee to assess the economic implications of the recent tariff measures announced by the United States government and the evolving global price landscape. This was disclosed in a statement on...

April 09, (THEWILL) – The Federal Government has said the naira-for-crude initiative with local refineries is not a temporary measure but a “key policy directive designed to support sustainable local refining”. Introduced on October 1 2024, the deal allowed local...

December 24, (THEWILL) - Nigeria’s Economic Management Team led by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that 31 states experienced severe food crises in 2024, with the North East region being...

November 25, (THEWILL) - There have been divergent opinions about the economic policies adopted by the administration of President Bola Tinubu since it came into power on May 29, 2023. Those opposing the policies can be categorised into...

October 03, (THEWILL) – The Federal Government has announced Value Added Tax (VAT) exemptions for various energy products, including diesel, Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), and electric vehicles, among others. Minister of Finance and Coordinating Minister...

September 19, (THEWILL) – Nigeria’s foreign reserves recorded a monthly net inflow of $2.35 billion in the first seven months of the year, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed on Thursday. On Tuesday, the...

September 16, (THEWILL) – Nigeria's Finance and Coordinating Minister of the Economy, Mr Wale Edun, and Guangzhe Chen, Vice President for Infrastructure at the World Bank, have met to discuss bold reforms aimed at improving electricity access across...

September 09, (THEWILL) – Wale Edun, Minister of Finance and Coordinating Minister for the Economy and former Vice President, Atiku Abubakar have disagreed over alleged plans by the Federal Government to increase the rate of Value-Added Tax, VAT, from...

September 03, (THEWILL) – There are divergent views about Nigeria’s ability to attain a $1 trillion economy by 2030. I am still optimistic, as it is too early to conclude that it won’t be achievable. Nigeria’s economy has...