Author: Adekunle

The Honourable Minister of State for Defence, Dr. Bello Muhammad Matawalle, has praised the Nigerian Defence Academy (NDA) 18 Regular Course for their unwavering unity and remarkable contributions to national development, both during active service and in retirement. Speaking as the Special Guest of Honour at the 50th Anniversary Reunion of the 18RC held at the Army Headquarters Command Officers’ Mess, Asokoro, Abuja, Matawalle described the occasion as a celebration of sacrifice, leadership, and enduring brotherhood. “It is a great honour for me to be with you tonight on this glorious and unique occasion,” he said. “Out of the…

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, today delivered Nigeria’s national statement at the 4th International Conference on Financing for Development (FFD4), held in Sevilla, Spain. Addressing a high-level roundtable on domestic public resource mobilisation, Minister Edun called for a more equitable global financial architecture—one that reflects the fiscal realities and development needs of emerging economies. He outlined Nigeria’s ongoing reforms aimed at strengthening tax administration, promoting fiscal discipline, and fostering a more conducive environment for private sector investment. “In today’s evolving global landscape, self-reliance is essential. We are prioritising digital infrastructure,…

— As First Batch of Special Operations Force Graduates in Kaduna The Minister of State for Defence, Dr. Bello Muhammad Matawalle, MON, has charged the first batch of the newly trained Special Operations Force (SOF) to remain disciplined, patriotic, and resolute in defending Nigeria against terrorism, banditry, and other security threats. Speaking as the Special Guest of Honour at the closing ceremony held at Camp Kabala, Jaji, Kaduna, Dr. Matawalle described the SOF graduates as not only elite warriors but also ambassadors of the Nigerian Armed Forces, entrusted with upholding the highest standards of military professionalism. “The Special Operations Force…

The Security Watch Network for Good Governance, chaired by Abdullahi Maikano, has commended the National Security Adviser (NSA), Malam Nuhu Ribadu, and the Nigerian Army for their continued efforts in combating insecurity across the country. The group praised the NSA’s strategic coordination of Nigeria’s national security architecture, which has continued to yield tangible results in the fight against terrorism, banditry, and violent crime. This commendation follows the latest nationwide operations by the Nigerian Army between June 25 and 26, 2025, which led to the arrest of multiple suspects and the recovery of a large cache of weapons and…

The 32nd Annual Meetings of the African Export-Import Bank (Afreximbank) provided a platform for Nigeria to showcase its economic prowess, with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, highlighting the country’s emergence as a regional hub for trade, development finance, and industrial growth. Speaking during a high-level session of delegates from across Africa and the diaspora at the Annual Meetings in Abuja on Friday, the Minister underscored Nigeria’s partnership with Afreximbank as a model for effective collaboration between governments and development finance institutions. We are not just participating in a summit. We…

In a landmark move aimed at strengthening economic ties and unlocking cross-border investment opportunities, Nigeria and Rwanda on Tuesday signed an Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income. The signing ceremony, held in Abuja on the sidelines of the Afreximbank Annual Meetings, was led by Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and his Rwandan counterpart, Mr. Yusuf Murangwa, Minister of Finance and Economic Planning. Mr. Edun described the agreement as a critical milestone in Nigeria’s ongoing economic reform agenda…

The Security Watch Network for Good Governance, a group established to promote security initiatives, has called on the various Ministries, Departments and Agencies of government to ensure they play their role in addressing the socio-economic challenges of the country, in order to address insecurity challenges. In a statement issued by its President, Abdullahi Maikano, and shared with the media, the group emphasised the need for a “whole-of-government” approach to tackling insecurity. It argued that for any lasting solution to emerge, the root causes of insecurity must be properly understood and addressed. According to the group, there is a…

In just the fourth quarter of 2024, Nigeria spent over ₦237 billion importing solar panels. This is more than a staggering figure—it is a clear indication of the urgent need for local manufacturing capacity in the renewable energy sector. This moneys can do better if kept in Nigeria—whether to be invested in manufacturing business or to spur innovation in the technology sector. Mr. Khalil Suleiman Halilu, Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), captured the gravity of the situation best: “Nigeria’s overdependence on imported solar panels is not sustainable. Local manufacturing is the…

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced a significant revenue breakthrough for the Federal Government, revealing that N6.9 trillion was generated between January and April 2025 — a 40% increase from the N5.2 trillion recorded in the same period last year. Speaking during the Q2 2025 Citizens and Stakeholders’ Engagement Session on fiscal performance and reform outlook held in Abuja, Edun attributed the improvement to a combination of strong fiscal discipline and key monetary policy reforms under the Tinubu administration. “There is a commitment to diligently go after all that should…

The Federal Government’s commitment to economic reform and development took center stage today as the Federal Ministry of Finance held its Citizens and Stakeholders Engagement on the Implementation of Presidential Priorities and Ministerial Deliverables for second quarter of 2025 in Abuja. This quarterly engagement is designed to foster transparency, accountability, and inclusive growth, providing a platform for stakeholders to engage with the Ministry on its progress and challenges. The Ministry’s efforts were highlighted in the keynote address by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who provided a comprehensive update…