Tag: #WaleEdun
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NO IMF SOS… FOR NOW: NIGERIA SAYS REFORMS ARE DOING THE HEAVY LIFTING
While many economies are knocking on the IMF’s door, Nigeria says, “We’re good for now.” Nigeria has ruled out any immediate move to seek financial support from the International Monetary Fund, with Finance Minister Wale Edun insisting ongoing reforms are holding the line. Speaking in Washington, Edun said the country is leaning on homegrown economic…
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NO MORE BUDGET EXTENSIONS, SAYS FINANCE MINISTER WALE EDUN
At NES #31 in Abuja, Finance Minister Wale Edun declared an end to budget rollovers that cause confusion, confirming an agreement with the National Assembly to keep budgets within the fiscal year. He highlighted new financing methods like sukuk, green bonds, and diaspora bonds to replace eurobonds. Edun emphasized transparency improvements, including a federal billing…
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NIGERIA REAFFIRMS GOAL OF 10 BILLION SCF GAS PRODUCTION BY 2030
Finance Minister Wale Edun underscores reforms and investments to boost Nigeria’s gas industry. Minister Wale Edun reaffirmed Nigeria’s commitment to producing 10 billion Standard Cubic Feet of gas per day by 2030 during a meeting with NLNG leadership. Discussions focused on production targets, investment climate, tax reforms, and infrastructure upgrades including pipeline security and road…
