UPDATED: Finance Minister Wale Edun Is Sick, But Recuperating At Home, No Replacement Planned – Presidency

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is currently recuperating at his Abuja residence following an illness, and there are no plans by President Bola Tinubu to replace him, multiple sources within the Presidency told The PUNCH on Sunday. A senior government official, speaking on condition of anonymity because he was…

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Forex: FG Gives 9 Months Grace To Those Keeping Dollars Outside Banking System 

Minister of Finance and Coordinating Minister of the Economy, Wale Edun has disclosed a new government policy that would permit Nigerians who are keeping dollars outside the banking system to bring those funds into the financial system. Edun, said such individuals have a nine-month grace period to comply with the directive without attracting legal liability…

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FG Spends $600m On Fuel Importation Monthly – Finance Minister

Nigeria pays $600 million each month on fuel imports, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed. According to him, the expenditure is partly because neighbouring countries, extending to Central Africa, are benefiting from these fuel imports. Speaking during an interview on AIT’s ‘Moneyline with Nancy’, which was shared on…

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