Wale Edun

FG targets 18% tax-to-GDP ratio in three years

…Rakes in N1.75trn from corporate taxes in Q3, 2023 …As IMF recommends adoption of digital technologies to improve tax collection, compliance The Federal Government has revealed its plans to increase tax-to-GDP ratio  from nine percent to 18 percent in three…

FG eyes extra $1.5bn revenue from equipment leasing

The Federal Government has revealed that it is targeting an estimated $1.5 billion in additional revenue from investments in equipment globally as it sets out to unveil the Equipment Leasing Registration Authority. The Chairman of ELRA, Saidu Njidda, who announced…

Finance Minister unveils plan to automate FX market

During the 29th Nigeria Economic Summit (#NES29), Wale Edun, the Minister of Finance and coordinating minister of the Economy, revealed plans for the federal government to automate transactions in the entire foreign exchange market. Speaking during the first-panel session, Edun…