Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has confirmed plans by the Federal Government to raise Value Added Tax, VAT, to 15 percent. However, the minister explained that only luxury goods consumed by the rich would be affected. Edun made the disclosure[Read More…]
FG records over N1tn monthly revenue inflow since subsidy removal -Finance Minister The Minister of Finance, Mr Wale Edun says that the Federation Account is witnessing improved revenue inflow since the removal of subsidy from average of N650 million monthly to over N1 trillion in the last four months.[Read More…]
Nigeria Is Expecting $10bn FX Inflows in coming weeks, Says Finance Minister The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said Nigeria is expecting a foreign exchange inflow of #10bn in the coming weeks. The Minister made the remark on Monday when he spoke[Read More…]
