Tag: EDUN

Cabinet Reshuffle: Tinubu sacks Edun, ÆŠangiwa; elevates Oyedele to Finance Minister

Aminu Imam
Tinubu sacks Edun, Dangiwa

…Nominates Darma President Bola Ahmed Tinubu has approved a minor cabinet reshuffle in the membership of the Federal Executive Council, (FEC). According to a memo signed by the Secretary to the Government of the Federation, Senator George Akume, two cabinet members, Wale Edun and Arch. Ahmed Musa ÆŠangiwa are to leave the cabinet while their replacements have been named. Edun, until the latest development, was the Minister of Finance and Coordinating Minister for the Economy. He has been directed to hand over to Taiwo Oyedele, who is now to take…

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Structural reform: Nigeria, 11 countries seek adequate, affordable financing

Abdul-Azeez Ahmed Kadir
structured trade finance

Nigeria and 11 other members of the African Consultative Group (ACG) have called for adequate and affordable financing to ensure that structural reform agendas produce the desired result. The members made this known at the end of their meeting with the International Monetary Fund (IMF) in Washington D.C. The ACG comprises the Fund Governors of a subset of 12 African countries belonging to the African Caucus (African finance ministers and central bank governors) and Fund management. In a joint statement issued on Friday, at the end of the meeting by the…

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