Tag: Wale Edun
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FG Says VAT Remains 7.5%, Denies Increase
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has dismissed reports making the rounds that the rate for Value-Added Tax...
Nigeria’s Economy is Expanding, with $55 Billion in Non-Oil Exports in 2023 – Wale Edun
Under President Bola Tinubu's leadership, Nigeria's economy is flourishing, according to Minister of Finance, Wale Edun, who highlighted the nation's remarkable $55 billion in...
Oil Income in Nigeria Increases by 30% in the First Half of 2024 -Wale Edun
Wale Edun, Minister of Finance and Coordinating Minister of the Economy, reported that the government's revenue from the oil sector jumped from 11% in...
FG’s Income to Debt Servicing Ratio Plummeted from 97% to 68% in 2024 – Wale Edun
Nigeria's revenue-to-debt service ratio decreased from 97% in 2023 to 68% in 2024, according to Finance Minister Wale Edun, suggesting a decrease in the...
FG, States, and LGAs Split the June FAAC Allocation of N1.35 Trillion
The Federal Government, the states, and Local Government Councils (LGCs) received N1.354 trillion in revenue in June from the Federation Accounts Allocation Committee (FAAC).
The...
