FG UNVEILS NEW REVENUE IDEAS, FINANCIAL REFORMS TO BOOST ECONOMIC GROWTH

Wale Edun
Finance Minister

"The Federal Government is committed to working with the National Assembly to ensure the successful implementation of these reforms". Edun.

 

A Budget Performance Meeting was penultimate week, held at at the National Assembly, where government's financial reforms and the budget performance topped the agenda.

The meeting, which was chaired by Senator Solomon Adeola, had in attendance, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun.

During the session, the Minister 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.

This was contained in a statement issued and signed by Mohammed Manga FCIA, the Director Press and Public Relations Department of the Federal Ministry of Finance, Abuja.