Author: Adekunle

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has declared that Nigeria is driving bold reforms to achieve GDP growth of up to 7% in the medium term, more than double population growth, while significantly raising living standards. Speaking during a strategic briefing with Mrs. Zainab Shamsuna Ahmed, World Bank Executive Director for Angola, Nigeria and South Africa (ANSA) Constituency, Edun stressed that the government’s reform agenda is already attracting international capital. “Our focus is on structural reforms in agriculture, power, and digital infrastructure to build a stronger, more competitive economy,” he…

Nigeria’s economy may still have its fair share of challenges, but there’s a new sense of direction coming from the Ministry of Finance—and it has Mr. Wale Edun’s signature all over it. Since taking the reins as Minister of Finance and Coordinating Minister of the Economy, Wale Edun has moved with a quiet determination, pushing through reforms that are beginning to ease long-standing economic pressures. At the heart of his work is the stabilisation of the Naira—a currency that for decades has been at the mercy of oil prices and policy inconsistencies. By liberalising the foreign exchange market and…

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who also leads the nation’s Economic Management Team, today held a strategic meeting with the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, at the CBN Headquarters in Abuja. The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, was also in attendance. The high-level engagement underscored the importance of aligning fiscal and monetary policy under Edun’s leadership to sustain macroeconomic stability, strengthen investor confidence, and drive private sector-led growth. Mr. Edun reaffirmed that coordinated action between the fiscal and…

The United States Mission in Nigeria has commended the Federal Government and Nigerian security forces for the successful arrest of two notorious leaders of the terror group, Jama’atu Ansarul Muslimina fi-Biladis Sudan (Ansaru). In a statement posted on X (formerly Twitter), the Mission described the capture of Mahmud Muhammad Usman (also known as Abu Bara’a) and Mahmud al-Nigeri (popularly called Mallam Mamuda) as “a significant step forward in Nigeria’s fight against terrorism and extremism.” The commendation comes on the heels of the announcement by the National Security Adviser (NSA), Malam Nuhu Ribadu, that the two high-profile terrorists were captured…

The Global Economic Policy Initiative (GEPIn) has applauded the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, for the significant progress recorded in stabilising Nigeria’s economy under his stewardship. Speaking on behalf of the group, its Convener, Mr. Bernard Okri, said the recent settlement of more than N2 trillion in outstanding capital budget arrears from the 2024 fiscal year demonstrates the Federal Government’s commitment to restoring fiscal credibility, boosting investor confidence, and ensuring the smooth implementation of developmental projects across the country. According to GEPIn, this decisive action is already yielding positive results. “By…

In a decisive move against kidnapping and illegal arms proliferation, a series of intelligence-led, inter-agency operations coordinated under the Office of the National Security Adviser (NSA) has yielded significant breakthroughs in Kaduna and Delta States. The operations, carried out by tactical units of the Nigeria Police Force in close collaboration with other security agencies, resulted in the rescue of a kidnapped victim, arrest of eight high-profile suspects, and recovery of a cache of firearms, ammunition, and fabricated weapons. In Kaduna State, following the abduction of one Hussaini Ibrahim from Jagindi Tasha Village, Jema’a LGA, intelligence support enabled police operatives to…

The Alhaji Ibrahim Masari Cataract and Eye Care Camp held today at Kafur General Hospital, Katsina State, bringing critical healthcare services to hundreds of residents. The initiative, spearheaded by His Excellency Alhaji Ibrahim Kabiru Masari—an appointee of President Bola Ahmed Tinubu—attracted the participation of several dignitaries, most notably Engr. Dr. Abdullahi Garba Ramat, Chairman/CEO of the Nigerian Electricity Regulatory Commission (NERC). The medical outreach provided free eye screenings for 752 patients. Many beneficiaries received corrective glasses and medications, while minor surgeries were conducted on-site. Patients in need of more complex procedures have been scheduled for treatment in Kano…

In a major boost to Nigeria’s economic diplomacy, the Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, on Thursday held talks in Abuja with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to advance a shared vision for trade-driven growth, investment, and inclusive development. Welcoming Dr. Okonjo-Iweala to his office, Mr. Edun outlined Nigeria’s recent macroeconomic gains — citing a firmer naira, moderating inflation, and credit rating upgrades from Fitch and Moody’s — as the bedrock for long-term stability. He said government reforms are designed to position the economy for 7…

In a major push to strengthen Nigeria’s defence capacity and deepen strategic partnerships, the Honourable Minister of State for Defence, Dr. Bello Muhammad Matawalle, MON, has secured commitments from India to expand bilateral cooperation in critical military areas. During a high-level meeting in New Delhi on Tuesday, 12 August 2025, with the Indian Minister of State for Defence, Mr. Raksha Rajya Mantri Sanjay Seth, Dr. Matawalle advanced discussions on a range of initiatives that will enhance Nigeria’s operational readiness, indigenous defence production, and technological capability. Central to the talks were plans to expand cooperation in counter-terrorism training, research and development,…

Within the past two weeks, Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has been on a whirlwind of strategic diplomacy. Beyond the ceremonial handshakes Amb. Tuggar has focused on delivering measurable value to Nigeria’s economy, security, and global standing. From deepening trade ties with Egypt to modernising consular services, his recent activities illustrate a vision of diplomacy that is firmly tied to everyday benefits for Nigerians. On July 21, 2025, Abuja hosted the 2nd Nigeria–Egypt Business Forum, co-chaired by Tuggar and his Egyptian counterpart. The forum was a marketplace for opportunity. Tuggar anchored discussions around Nigeria’s 4D…