Author: Adekunle

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, convened a high-level meeting in Abuja to deepen collaboration between fiscal and monetary authorities. The engagement underscores the administration’s strategic approach to ensuring macroeconomic stability and sustainable economic growth. Speaking at the meeting, Edun reaffirmed President Bola Tinubu’s commitment to policies that drive inclusive growth, enhance investor confidence, and position Nigeria’s economy for long-term resilience. Under his leadership, the Ministry of Finance has implemented measures to boost government revenue, reduce the…

… says it will enhance Nigeria’s investor confidence and economic stability. The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Wednesday chaired a high-level Fiscal Data Harmonisation Meeting, where he stressed the urgency of Nigeria having accurate, timely, and comprehensive economic data to enhance investor confidence and economic stability. The meeting was attended by the Honourable Minister of State for Finance, Dr Doris Uzoka-Anite; the Accountant General of the Federation, Shamsedeen Babatunde Ogunjimi; and the Director General of the Budget Office, Mr Tanimu Yakubu, among other key officials. During the meeting,…

… Urges all parties to respect the declaration and warns against attacks on government facilities The Honourable Minister of State for Defence H.E. Dr. Bello Mohammad Matawalle MON,has expressed his strong support for President Bola Ahmed Tinubu’s declaration of a state of emergency in Rivers State, emphasizing that this decisive action is vital for restoring stability to the state’s turbulent political landscape. Matawalle stated that the declaration is a necessary measure to address the ongoing political crisis, which has hindered the delivery of democratic governance and the welfare of the people of Rivers State. He called on all…

In a decisive move to address the escalating political and security crisis in Rivers State, President Bola Tinubu has declared a state of emergency in the oil-rich region. This announcement, made on 18th of March , comes amid growing concerns over the breakdown of law and order, political instability, and the threat to Nigeria’s economic interests in the state. The declaration underscores the federal government’s commitment to restoring peace, ensuring the safety of citizens, and safeguarding national assets. The Context of the Crisis Rivers State, a key economic hub in Nigeria, has been embroiled in a protracted political…

The Nigeria Muslim League Group (NIMUL) has commended the Minister of Defence for State, Hon Bello Mohammed Matawalle, for his generous donation of over N500 million and tonnes of food items to those in need during Ramadan. This gesture aimed at alleviating the hardships faced by the majority of people in Zamfara state and other neighboring states in the North West. The group praised Minister Matawalle’s efforts in providing Ramadan palliatives, including foodstuffs and cash, to thousands of vulnerable individuals across the North West, particularly in Zamfara, Sokoto, Kaduna and Kebbi states. The National Coordinator of NIMUL, Professor Mika’il…

By Dayo Dare Nigeria is blessed with an abundance of minerals and natural resources. One of the most popular which the nation is well known for is its oil reserves which stand at about 37 billion barrels, ranking second largest in the world. But more than oil, Nigeria also holds over 209 Trillion Cubit Feet of gas reserves. Unfortunately these reserves have largely gone untapped for decades. With proper investment, equipment and regulatory support, the country’s gas sector has much to offer including bridging the country’s energy gaps, and removing it from sole reliance on oil.…

In alignment with the Federal Government’s strategic objective to deepen local defence industrialization and strengthen the operational autonomy of the Armed Forces of Nigeria (AFN), the Honourable Minister of State for Defence, Dr. Bello Muhammad Matawalle, MON, today friday, 14 March 2025, conducted an inspection of locally manufactured combat vehicles at the Ministry of Defence, Ship House, Abuja. The Honourable Minister was received by the Chief Executive Officer of Proforce Nigeria Limited, Mr. Ade Ogundeyin, who led the minister to a technical assessment of the tactical and armoured vehicles being designed and manufactured by the Proforce Nigeria. Proforce…

The Honourable Minister of State for Defence, Dr. Bello Muhammad Matawalle, MON, on Tuesday, called on ECOWAS countries to put up a united front to tackle threats facing the region. Speaking as Special Guest of Honour at a gala night, in Abuja held in honour of the Committee of Chiefs of Defence Staff (CCDS) of ECOWAS Member States event, the Minister of State for Defence emphasized that the prevailing and emerging security threats faced by the region necessitate a comprehensive and coordinated regional response. The Honourable Minister highlighted the multidimensional threats confronting the region, including terrorism, violent…

Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has defended President Bola Tinubu’s economic and political reforms, stating that while they may be tough, they are essential for the country’s long-term stability. Speaking at Chatham House in London on last week, on 4th March, Ambassador Tuggar underscored the necessity of these reforms, describing them as a fundamental shift from policies that had long been unsustainable. “President Tinubu is the first career politician Nigeria has had as leader in a long time,” Ambassador Tuggar noted. “In a country where politicians typically get a bad rap, I find myself sometimes having…

The Catholic Bishops’ Conference, at its first plenary meeting of 2025 in Abuja at the weekend, gave an alarming prognosis of the state of the economy and the polity that sounded more like snippets from an outdated book. In his opening address, CBCN President Archbishop Lucius Iwejuru listed youth unemployment, insecurity, poverty, corruption, and electoral fraud as some of the ills plaguing the country. He demanded quick action from leaders nationwide to stop the country from drifting. President Bola Tinubu deeply appreciates the constant interventions of the Catholic Bishops in matters of governance in our country. The…