The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has commended the Medicaid Cancer Foundation for its ₦100 million disbursements to cancer patients and support organisations, describing it as a model of private-sector empathy driving social and economic impact.
Speaking at the Cervical Cancer Day Commemoration in Abuja, HM Edun said the initiative demonstrates how purposeful philanthropy can complement government efforts to build a healthier, more productive population.
This is more than a financial contribution. It is a statement of solidarity and shared responsibility, the Minister said. Every act of support for cancer patients strengthens our human capital base and reinforces national productivity, Edun added
He highlighted that the Federal Government has increased health sector funding from just over 3% of the national budget in 2023 to 5.2% in 2025, underscoring President Bola Ahmed Tinubu’s commitment to expanding access to quality health care.
Three of six planned regional oncology centres — in Katsina, Edo, and Enugu States — are now operational, bringing treatment closer to communities. The Minister praised Dr. Zainab Shinkafi-Bagudu, founder of the Medicaid Cancer Foundation, for her leadership in mobilising private resources for public good. Private initiative, anchored in compassion and partnership, remains vital to achieving a sustainable healthcare system, he noted. He explained that a healthy nation is the foundation for inclusive economic growth.
The Minister reaffirmed that the Tinubu administration will continue to create an enabling environment for private sector participation in health, ensuring that initiatives like Medicaids multiply across Nigeria.
Thus, with partnerships like this, Nigeria has taken a significant step towards a healthier and more prosperous future.
Signed
Mohammed Manga FCAI
Director, Information and Public Relations
November 13, 2025
In a bid to drive economic growth and development, the Federal Government has taken a significant step by launching the Government–Private Sector (GPS) Dialogue Series: Finance and SME Growth Roundtable in Lagos. This initiative is part of the Renewed Hope Agenda, aimed at fostering collaboration between government officials and private sector leaders to tackle economic challenges and unlock new opportunities.
The event, which took place on Saturday at the Radisson Blu, Ikeja, Lagos, brought together key stakeholders to discuss priority issues, identify bottlenecks, and agree on practical next steps to improve access to finance and drive enterprise growth.
In his remarks, the Honourable Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun assured of the President Bola Ahmed Tinubu Administration’s commitment to creating an enabling environment for all Nigerians to thrive and contribute to the growth of our nation’s economy.
Minister of State for Finance, Dr. Doris Uzoka-Anite in her welcome address stated, The purpose of this series is simple but profound: to bring together Federal and Lagos State officials, private sector leaders, and community representatives to surface priority issues, identify bottlenecks, and agree on practical next steps that will improve access to finance and drive enterprise growth.
Under the leadership of President Bola Ahmed Tinubu, we are committed to creating an economy where enterprise thrives, and entrepreneurs can build and grow their businesses with ease, Dr. Uzoka-Anite emphasized.
The Minister commended President Tinubu’s leadership and vision, noting that His Excellency’s Renewed Hope Agenda has brought a renewed sense of purpose and optimism to the Nigerian economy. His commitment to economic reforms and private sector-led growth is yielding positive results, and we are confident that with the support of the private sector, we can achieve our economic goals.
Dr Uzoka-Anite expressed her gratitude to the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, for his stellar leadership and tireless efforts in driving the economic agenda of the President Bola Ahmed Tinubu-led administration.
I want to sincerely
commend the Honourable Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun, OFR and the agencies under his leadership for their unwavering commitment to the Renewed Hope Agenda and for working tirelessly to ensure the realization of President Tinubu’s economic vision, Dr. Uzoka-Anite added.
She further extended her appreciation to the Executive Governor of Lagos State, His Excellency Babajide Sanwo-Olu, for his support in ensuring the successful hosting of the GPS Dialogue Series. We are grateful for the Governor’s commitment to fostering a conducive business environment in Lagos State and for his unwavering support for initiatives that promote economic growth and development, she said.
The GPS Dialogue Series is designed to promote inclusive growth, entrepreneurship, and economic development, with a focus on Small and Medium-sized Enterprises (SMEs). The event also saw the announcement of the Lagos-Igbo Consultative Council, a platform for consultation, collaboration, and coordination on issues of mutual interest between the State Government and the Igbo business community.
Dr. Uzoka-Anite further highlighted the administration’s achievements, saying, The unification of the foreign exchange market, the removal of fuel subsidies, and decisive steps to enhance fiscal discipline have sent a clear message to investors at home and abroad: Nigeria is open for serious business once again.
The Minister urged business leaders to see themselves as nation-builders and partners in progress, working together to deliver shared prosperity and drive economic growth. Let us work hand in hand with the administration of President Bola Ahmed Tinubu to deliver the shared prosperity we all desire, she emphasized.
As the Federal Government and private sector leaders come together to drive economic growth and development, one thing is clear: Nigeria’s economic future is bright. With the GPS Dialogue Series, we can unlock new opportunities, foster collaboration, and build a more prosperous nation for all Nigerians.
Signed
Mohammed Manga FCAI
Director, Information and Public Relations
November 1, 2025
At the 2025 Health Sector-Wide Joint Annual Review in Abuja, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun reaffirmed that health investment lies at the heart of Nigeria’s economic transformation agenda.
Commending Professor Muhammad Ali Pate, the Honourable Minister of Health and Coordinating Minister of Social Welfare, for his capacity, capability, and innovation, HM Edun said Nigeria’s health reforms have become a model of accountability and international recognition.
He revealed that the 2025 health budget has increased by nearly 60%, while the Basic Health Care Provision Fund has more than doubled. From ₦131 billion in 2024 to a projected ₦298 billion in 2026. He also confirmed plans to mobilise ₦150 billion for vaccine procurement, underscoring health as both a social priority and a growth catalyst for the private sector.
The health sector stands out for its transparency and impact. It demonstrates how good governance can attract investment and deliver inclusive growth, Edun said.
In remarks, Professor Pate welcomed the fiscal commitment, pledging continued innovation and partnership to strengthen Nigeria’s healthcare system.
The Federal Government’s substantial investment in the health sector is a testament to its unwavering commitment to the welfare of its citizens and the nation’s economic growth, paving the way for a healthier, more prosperous Nigeria.
Signed
Mohammed Manga FCAI
Director, Information and Public Relations
November 12, 2025
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has hailed the listing of The MOFI Real Estate Investment Fund (MREIF) on the Nigerian Exchange (NGX) as a milestone in deepening Nigeria’s capital markets and advancing President Bola Ahmed Tinubu’s reform agenda.
HM Edun said the ₦100-per-unit fund opens a new pathway for ordinary Nigerians to save, invest, and participate in the nation’s economic growth, while supporting the administration’s goal of expanding affordable housing and inclusive investment opportunities. He noted that the NGX’s strong performance, up nearly 50% this year, reflects renewed investor confidence following fiscal and monetary reforms that are stabilising revenues, reserves, and the exchange rate.
The Minister reaffirmed government’s commitment to balanced tax reform and urged continued collaboration between the financial and technology sectors to make investing simple and accessible to all. A healthy capital market that empowers citizens to invest is the surest path to sustainable, inclusive growth, he said.
The listing of the MOFI Real Estate Investment Fund on the NGX is a significant step towards achieving the government’s goal of promoting inclusive growth and developing the country’s capital markets. With this development, Nigerians now have access to a new investment opportunity that can help them achieve their financial goals while also contributing to the country’s economic growth and development.
Signed
Mohammed Manga FCAI
Director, Information and Public Relations
November 12, 2025
The Federal Government has taken a significant step towards boosting regional trade and inclusion in the Niger Delta region with the inauguration of the Project Steering Committee for the Niger Delta Ferry Service Project. The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Tuesday, participated in the inauguration of the Project Steering Committee, chaired by the Honourable Minister of Niger Delta Development, Engr. Abubakar Momoh.
The initiative aims to build a modern ferry and marine transport system to connect riverine communities across the Niger Delta, improving mobility, lowering the cost of trade, and unlocking economic opportunities in one of Nigeria’s most strategically important regions.
The Minister praised the renewed drive behind the project and underscored its role in enabling private-sector growth and social inclusion:
Efficient transport catalyses economic activity. When people and goods move more easily, markets expand, productivity rises and communities prosper. This initiative will support enterprise, improve access and strengthen the regional economy, he stated
The project forms part of the Federal Government’s Renewed Hope infrastructure agenda, focused on connectivity, investment mobilisation and inclusive development. Key ministries will work together to ensure effective execution and long-term sustainability.
Delivering waterway connectivity will allow SMEs, traders, workers and service providers to move with greater ease across the Niger Delta, reducing isolation for remote communities and opening new corridors for commerce, tourism and job creation.
The Niger Delta Ferry Service Project is a testament to the Federal Government’s commitment to driving economic growth, social inclusion, and regional development. With its successful implementation, the project is poised to unlock new economic opportunities, improve livelihoods, and foster sustainable development not only within the Niger Delta region but the country at large
Signed
Mohammed Manga FCAI
Director, Information and Public Relations
November 5, 2025
The Federal Government has taken a significant step towards driving economic growth and development with the inauguration of the Ministerial Project Approval Board (MPAB) and the advancement of a landmark digital transformation partnership with the Equipment Leasing Registration Authority (ELRA).
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who inaugurated the Ministerial Project Approval Board (MPAB) in his office in Abuja today, also presided over its first review session, considering a public-private partnership proposal from the Equipment Leasing Registration Authority (ELRA) to modernise Nigeria’s leasing industry.
The initiative aims to digitise regulatory processes, strengthen market transparency, and expand access to equipment finance for Nigerian businesses, particularly SMEs that rely on leasing to acquire machinery, vehicles, and technology critical for growth.
The Minister commended the project’s clarity and stressed that the Board will uphold rigorous standards of due process, value for money, and accountability across all PPPs.
This administration is committed to partnerships that leverage private capital and innovation to deliver real economic value. Our focus is on reforms that stimulate investment, productivity, and job creation, he said.
HM Edun noted that the Board will serve as a key mechanism to fast-track responsible private-sector investment under the Ministry, ensuring PPPs are structured to protect public interest while enabling sustainable economic development.
Speaking earlier, the ELRA Registrar and CEO Mr. Donald Wokoma presented the transformation plan, which includes digital platforms, industry development initiatives, and capacity-building programmes designed to deepen participation in the leasing sector and support enterprise-led growth. Private-sector partners reaffirmed their commitment to deploying technology and finance solutions that broaden business access to leasing and strengthen the operating environment.
The inauguration of the Ministerial Project Approval Board and the advancement of the ELRA digital transformation partnership mark significant milestones in Nigeria’s economic development. The Federal Government remains committed to fostering partnerships that drive economic growth, investment, and job creation, and looks forward to working with private sector partners to achieve these goals.
Signed
Mohammed Manga FCAI
Director, Information and Public Relations
November 5, 2025
In a significant step towards ensuring economic growth and development in the country, the Honourable Minister of State for Finance, Dr Doris Uzoka-Anite on Friday, led a delegation of prominent Southeast business leaders on a courtesy visit to the Executive Governor of Lagos State, Mr. Babajide Sanwo-Olu, to strengthen collaboration between government and the private sector investors
The Minister lauded Governor Sanwo-Olu’s leadership and the remarkable strides his administration has made in advancing the development of Lagos State. It’s always a pleasure to be in Lagos, a city that truly never sleeps, and one that continues to lead the way in innovation, enterprise, and economic growth
She stated that her visit was to first bring warm greetings and deep appreciation from the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun for your outstanding leadership and for the remarkable strides your administration continues to make — not only in advancing the development of Lagos State, but also in supporting the broader national agenda for economic growth and fiscal stability in line with the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led Administration
Stating further that the administration of President Bola Ahmed Tinubu particularly values the strong spirit of collaboration and partnership that Lagos has consistently shown toward the Federal Government through its pragmatic governance, forward-thinking reforms, and active cooperation on key initiatives such as the Lagos Green Line Metro Rail Project, you have demonstrated that when the Federal and State Governments work together, progress is both achievable and sustainable, Uzoka-Anite said.
The Minister explained that the purpose of the visit was to comply with the Presidential directives, which instructs all the Ministers to immediately commence engagement with relevant stakeholders with a view to ensuring economic growth and development and to also inform the Governor about an initiative we are very excited about — the Government and Private Sector (GPS) Dialogue Series. The first edition of the Dialogue Series she said will hold on Saturday, November 1, 2025, at the Radisson Blu Hotel, Ikeja
The idea behind the GPS Dialogue is simple but powerful: to create a regular, open space where government officials and private sector leaders can sit together, share perspectives, and design practical solutions for the challenges and opportunities before us.
Uzoka-Anite explained further that the platform is built on trust, dialogue, and shared responsibility — where policy meets practice and where ideas are translated into concrete actions that drive inclusive growth.
Through this Dialogue, we aim to strengthen understanding between policymakers and business leaders, identify barriers to investment, and co-create strategies that will enable Nigeria’s economy to thrive in a rapidly changing global environment.
The Minister highlighted that the vision is to build a bridge — one that connects policy with practice and ambition with action.
And, Your Excellency, there is no better place to start that bridge than right here in Lagos, the commercial heartbeat of Nigeria and indeed West Africa
She expressed the Federal Government’s readiness to collaborate with Lagos State in hosting the inaugural edition. We therefore humbly seek your kind support and active participation, as well as that of your distinguished Commissioners for Finance, Economic Planning and Budget, Commerce, Industry and Cooperatives, as well as Local Government Affairs, together with other key members of your team. Your leadership and that of the Lagos State Government will go a long way in ensuring that the GPS Dialogue becomes a vibrant, impactful platform that truly reflects the partnership we want to see between government and business, the Minister stated
Dr Uzoka-Anite informed that the second purpose of the visit was to tell you more about some of the distinguished business leaders from the South East who are based here in Lagos and have graciously joined me on this visit.They are a shining example of the Nigerian entrepreneurial spirit, people who have made Lagos their home and are contributing daily to its growth. Each of them represents a generation of business leaders who believe deeply in Nigeria’s potential and in the power of partnership with government, she said
While reaffirming the Federal Government’s
unwavering commitment to empowering small and medium-sized enterprises, broadening access to finance, and strengthening partnership with the Lagos State Government on transformative business and regulatory reforms, the Minister noted, Together, we share a common vision — to build a Nigeria where enterprise is encouraged, innovation is rewarded, and prosperity is within the reach of every hardworking citizen.
As we prepare for the first edition of the GPS Dialogue, we look forward to working closely with you and your team to make it a landmark event, one that sets the tone for constructive dialogue and real partnership across the country, the Minister said.
Responding, the Executive Governor of Lagos State, Mr Babajide Sanwo-Olu assured that Lagos State Government will continue to partner with the Federal Government, captains of industry and indeed all relevant stakeholders with a view to improving the lives of Nigerians.
He thanked the Minister for choosing Lagos to host the maiden edition of GPS while also reaffirming his administration’s support to all Nigerias to thrive with equity, justice and honesty.
The meeting of the prominent business leaders also
requested for a closed-door session with the Governor to discuss several initiatives aimed at strengthening collaboration, development, and mutual prosperity between the Igbo community and the government. One of these initiatives is the proposed establishment of a Lagos-Igbo Consultative Council.
As the Federal, Lagos State Government, and Southeast business leaders continue to forge stronger ties, Nigerians can look forward to a brighter economic future. With collaborative efforts and a shared vision, the prospects for growth, innovation, and prosperity are limitless.
Signed
Mohammed Manga FCAI
Director, Information and Public Relations
November 1, 2025
www.finance.gov.ng
1. Deputy Chief of Staff to the Executive Governor of Lagos State 2. Honourable Minister of State for Finance Dr Doris Uzoka-Anite 3. H.E, the Executive Governor of Lagos State Mr Babajide Sanwo-Olu and other Southeast business leaders in a group photograph shortly after the courtesy call on the Governor, on Friday.
In a significant step towards deepening economic cooperation, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has today received in his office in Abuja, the new Indian High Commissioner to Nigeria, H.E. Abhishek Singh, alongside Skipper Seil founder Mr. Jitender Sachdeva,
Discussions focused on deepening economic cooperation, particularly in power, infrastructure, renewable energy, and technology. High Commissioner Singh highlighted India’s substantial footprint in Nigeria’s power sector, noting ongoing projects including power plants, substations, and solar grid installations executed by Indian firms such as Skipper.
He referenced India’s investment commitments of approximately $60 billion in Nigeria, affirming that delivered projects reflect India’s long-standing partnership and continued confidence in Nigeria’s economic future.
India holds the Honourable Minister in very high regard, Singh noted, commending Mr. Edun’s leadership and Nigeria’s reform momentum. He also presented a symbolic handcrafted gift and conveyed goodwill from the Government and the people of India.
In his remarks, HM Edun welcomed the High Commissioner and acknowledged India’s role as a key development and investment partner. He emphasized opportunities for expanded collaboration in renewable energy, digital infrastructure, technology transfer, and private-sector investment. Areas aligned with Nigeria’s growth priorities.
Both sides reaffirmed their commitment to strengthening bilateral ties and advancing shared economic prosperity.
Signed
Mohammed Manga FCAI
Director, Information and Public Relations
October 30, 2025
www.finance.gov.ng
From Left to Right : 1. Indian High Commissioner, Abhishek Singh. 2. Wale Edun – Honourable Minister of Finance and Coordinating Minister of the Economy. 3. Dr Doris Uzoka-Anite – Honourable Minister of State for Finance. 4. Jitender Sachadeva – Group President of Skipper Seil Limited
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has reaffirmed the Federal Government’s commitment to disciplined fiscal reforms, transparency, and private-sector-driven growth under President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Speaking in Akure on Wednesday at the South West Stakeholders Dialogue, the Minister noted that the removal of fuel subsidies and foreign-exchange reforms have strengthened public finances, improved confidence, and redirected national resources towards citizens and productive investments.
Nigeria’s resources are now benefiting the many, not the few. Our reforms are levelling the playing field, boosting competitiveness, and enabling sustainable economic expansion, he stated.
HM Edun highlighted early gains — faster GDP growth, easing inflation, and a stabilising exchange rate — alongside key interventions including direct benefit transfers, student financing under NELFUND, and plans for a 90,000-kilometre fibre-optic network across the country to expand digital access and support innovation.
He reaffirmed that the administration remains focused on reforms that attract investment, deepen economic inclusion, and position Nigeria for long-term prosperity.
We are creating the right conditions for business to thrive and for every Nigerian to participate in the nation’s progress, the Minister said.
Signed
Mohammed Manga FCAI
Director, Information and Public Relations
October 30, 2025
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has reaffirmed that Nigeria’s economic transformation depends on responsible and visionary leadership capable of sustaining reforms and driving inclusive growth.
Speaking at the Oxford Global Think Tank Leadership Conference in Abuja on Tuesday, themed Better Leadership for a Better Nigeria, the Minister commended Arumah Oteh for convening a platform that invests in the next generation of leaders.
HM Edun emphasised that leadership development is vital for ensuring stability, innovation, and long-term prosperity.
Our economic future rests on leadership that listens, learns, and leads with purpose — ensuring that every reform delivers growth and opportunity, he said.
He highlighted ongoing initiatives, including digital cash transfers to 8.1 million Nigerians, targeting 15 million, and the Ward-Based Development Programme, which supports small businesses and community-level productivity across over 8,000 wards nationwide, as examples of leadership translating policy into tangible impact.
The Minister noted that the administration remains focused on macroeconomic stability, fiscal transparency, and inclusive development, underscoring that effective leadership at all levels is essential to unlocking Nigeria’s full potential.
With responsible leadership and continued reform, Nigeria is well positioned for sustainable growth that benefits citizens and strengthens private sector confidence, Mr. Edun added.
He applauded Ms. Oteh and the Oxford Global Think Tank for fostering dialogue that will shape a more resilient and prosperous Nigeria.
Signed
Mohammed Manga FCAI
Director, Information and Public Relations
October 30, 2025
