FG moves to boost economic strength, unveils new revenue ideas

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun on Wednesday  attended the Budget Performance Meeting at the National Assembly, chaired by Senator Solomon Olamilekan Adeola, where he discussed the Federal Government’s financial reforms and budget performance.

During the session, HM Edun shared updates on  Government’s initiatives to enhance revenue generation, ongoing financial reforms and budget performance

 Key highlights include:

– Introduction of innovative revenue models, such as a single window source for generating revenue

– Ongoing significant reforms within the financial sector to ensure efficiency and transparency

These reforms aim to boost economic growth, improve government finances, and ensure a sustainable future for Nigeria.

“The Federal Government is committed to working with the National Assembly to ensure the successful implementation of these reforms,” the Minister said.

He  emphasized the importance of collaboration between the Executive and the Legislative Arms of Government in achieving economic prosperity for the country.

 The meeting demonstrated the Government’s commitment to transparency and accountability in managing the nation’s finances.

Signed

Mohammed Manga FCIA

Director, Information and Public Relations

July 5, 2024