Browsing Tag
Taiwo Oyedele
13 posts
FAAC Distributes N2.6 Trillion Revenue to Federal, State, and Local Governments
The Federation Account Allocation Committee has disbursed N2.551 trillion in June 2026 revenue to the three tiers of government, driven by strong growth in statutory collections.
Taiwo Oyedele Urges Shift from Economic Planning to Tangible Results
Finance Minister Taiwo Oyedele has launched a new advisory committee, tasking its members with ensuring that national economic reforms yield tangible, real-world benefits for Nigerian businesses and the public.
Nigeria and Hong Kong Finalize Double Taxation Accord to Stimulate Investment
Nigeria and Hong Kong have inked a deal to eliminate double taxation and prevent tax evasion, aiming to bolster bilateral trade and investment.
Federal Government rejects accusations of N8 trillion in off-budget spending
Minister of Finance Taiwo Oyedele has denied reports that the government spent N8 trillion outside of authorized budgetary channels, calling the claims a misunderstanding of IMF findings.
Federal Government Settles ₦39.63 Billion in Pension Debts
The Federal Government has distributed ₦39.63 billion to nearly 25,000 retirees to clear long-standing pension liabilities, marking a significant effort to support the welfare of former public servants.
Finance Minister Taiwo Oyedele Claims Nigeria Has Attained Macroeconomic Stability
Minister of Finance Taiwo Oyedele asserts that Nigeria has achieved macroeconomic stability following critical reforms aimed at preventing economic collapse and enabling long-term growth.
Finance Minister Oyedele declares Nigeria has reached economic stability
Finance Minister Taiwo Oyedele states that Nigeria has transitioned from economic volatility to stability, with the government now focusing on long-term inclusive growth and essential fiscal reforms.
Finance Minister Defends Borrowing as Strategic Growth Tool
Finance Minister Taiwo Oyedele asserts that responsible borrowing drives growth and calls for a specialized tribunal to speed up commercial dispute resolution in Nigeria.
Federal Government Consults With Petroleum Marketers To Address Fuel Pricing Concerns
The Federal Government is engaging with regulators and fuel marketers to ensure fair, transparent pricing that protects consumers while maintaining business sustainability.
Nigerian Government Denies Intent to Hike Taxes
Minister Taiwo Oyedele confirms that the Nigerian government aims to expand the tax base rather than increase tax rates, emphasizing the need for better compliance.