FG Welcomes IMF Backing for Reform Agenda
By Oluwakemi Kindness The Federal Government has expressed satisfaction with the International Monetary Fund’s (IMF) latest assessment of Nigeria’s economy, describing it as an independent validation of the economic reforms implemented under President Bola Tinubu’s administration. In a statement issued on Tuesday, Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, says the […]
FG Expands Revenue Monitoring to 21 Agencies
By Oluwakemi Kindness The Federal Government has intensified its push for financial transparency and accountability with the Nigeria Export Processing Zones Authority (NEPZA) and 20 other federal agencies committing to the adoption of the Revenue Optimisation and Assurance Platform (RevOP) and the Federal Treasury e-Receipt (FTe-R). The initiative, designed to curb financial leakages and strengthen […]
Finance Minister Oyedele Vows to Sustain Economic Reforms
By Oluwakemi Kindness Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has assured investors that the Federal Government will not reverse ongoing economic reforms. Speaking in Lagos at the launch of the Nigerian Economic Summit Group Private Sector Outlook 2026, Oyedele stressed that policy consistency is now a top priority, “We […]
Tinubu Shakes Up Cabinet, Replaces Edun and Dangiwa
By Oluwakemi Kindness President Bola Tinubu has approved a significant cabinet reshuffle, removing the Minister of Finance, Wale Edun, and the Minister of Housing and Urban Development, Ahmed Musa Dangiwa, in a move aimed at strengthening economic coordination and governance delivery. According to a statement from the Office of the Secretary to the Government of […]
FG Rejects World Bank Hidden Spending Claims
By Oluwakemi Kindness The Federal Government has rejected claims of hidden spending and diversion of federation revenue, saying recent reports misinterpret the World Bank’s Nigeria Development Update. Minister of State for Finance, Taiwo Oyedele, said suggestions that funds are being “diverted” reflect a misunderstanding of Nigeria’s fiscal system. “These interpretations misrepresent the World Bank’s analysis […]
Reps Release Certified True Copies of Four Tax Reform Bills
By Oluwakemi Kindness The House of Representatives Release Certified True Copies of Four Tax Reform Bills on Saturday night released the Certified True Copies (CTCs) of the four major tax reform laws following the circulation of unauthorised and misleading versions. The move, according to a statement is directed by the Speaker of the House, Abbas Tajudeen, […]
New Tax Framework to Cut Operating Costs for Airlines — FG
By Oluwakemi Kindness The Presidential Fiscal Policy and Tax Reforms Committee has dismissed claims that Nigeria’s new tax laws will negatively affect the aviation industry. Rather it is insisting that the reforms are designed to ease long-standing cost pressures on airlines rather than worsen them. In a statement on monday, the committee acknowledged the genuine […]