By Pius Mordi WHEN WALE Edun, President Bola Tinubu’s Finance Minister, announced that $20 billion has been saved since the scrapping of the fuel subsidy regime, he may have expected Nigerias would be elated and applaud the administration. Rather, there is consternation on the propriety of the claim. Proclaiming that removal of fuel subsidy ha...
By Joke Kujenya REPORTS OF a Value-Added Tax (VAT) increase in Nigeria have been firmly denied by the Federal Government. Recent claims suggested a possible rise from 7.5% to 10%. However, the government has made it clear that no such proposal exists. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, debunked [&helli...
By Helen Okechukwu, JKNMedia Reporter DURING the recent International Monetary Fund Spring meeting in Washington DC, Nigeria’s Minister of Finance, Wale Edun, revealed a significant breakthrough for the nation’s economy. A hefty $2.25 billion package from the World Bank was announced, offering a substantial lifetime for Nigerian’s financial la...
