Edun disclosed this on Thursday, while briefing journalists at the Presidential Villa. According to him, the fresh borrowing plan of $2.2 billion is made up of $1.7 billion and SUKUK financing of $500 million, aimed at strengthening the country’s finances and boosting economic reforms. The Minister noted that if approved by the National Assembly, the borrowing plan will strengthen the country's financial market.
' He added that Nigeria being able to access the international capital market is a sign of acceptance and support for President Bola Ahmed Tinubu's economic reforms.
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Nigeria spends increased revenue on cash transfers – Finance Minister EdunNigeria's Minister of Finance, Wale Edun, said the country is spending its increased revenue on social investment, such as cash transfers to Nigerians. Edun disclosed this on Tuesday at a panel session during the 30th Nigeria Economic Summit in Abuja.
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Strike: Pay our withheld salaries -SSANU, NASU tell Finance Minister EdunStriking university unions - the Senior Staff Association of Nigerian Universities, SSANU, and the Non-Academic Staff Union of Educational and Associated Institutions, NASU - have asked the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to pay their four months’ withheld salaries, following approval of the payment by...
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Nigerian Govt to commence payment of pension backlog – Finance Minister EdunThe Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has assured that the Federal Government will soon begin payment of the pension backlog.
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