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Wale Edun

Nigeria Customs suspends 25% penalty on improperly imported vehicles

by Ron Morgan
Nigeria Customs suspends 25% penalty on improperly imported vehicles

The Nigeria Customs Service (NCS) has announced the suspension of the 25 per cent import duty penalty on improperly imported vehicles. The directive for the suspension came from the Minister …

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MOFI resumes stewardship of FG assets in 11 DisCos

by Ron Morgan
MOFI resumes stewardship of FG assets in 11 DisCos

The Ministry of Finance Incorporated (MOFI) announced Monday it is resuming its rights of management of the federal government’s 40 per cent shareholding in the country’s eleven electricity distribution companies …

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We won’t use CBN loan to fund Nigeria’s 2023 budget

by Ron Morgan
We won’t use CBN loan to fund Nigeria’s 2023 budget

To finance Nigeria’s N28.8 trillion budget, the federal government will eliminate the reliance on Ways & Means, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has …

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Nigerian govt to boost revenue with climate change loss, damage funds

by Ron Morgan
Nigerian govt to boost revenue with climate change loss, damage funds

The federal government is considering exploring Loss and Damage funds committed at the 28th United Nations Conference of the Parties (COP28) in Dubai, UAE, for climate-vulnerable communities. The Minister of …

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