Wale Edun Archives - Parliament Reports

NASS concerned over low performance of 2024 budget

Sharon EboesomiJanuary 10, 20254 min

Edun confirmed that there are pending warrants awaiting payment for capital projects, but funding remains a key challenge. The National Assembly has raised serious concerns about the significant imbalance between recurrent and capital expenditures and the low level of fund releases for capital projects for Ministries, Departments and Agencies (MDAs) in the 2024 national budget, with both chambers urging for more focus on capital projects that directly benefit the Nigerian populace. This was disclosed Wednesday...

Senate

Senate issues seven-day ultimatum to Finance Minister over N100bn gas project

Sharon EboesomiFebruary 8, 20243 min

The Senate made this request in response to the PCNG’s plans to release an additional N130 billion to an unidentified number of companies. The Finance Minister, Wale Edun, has been given a seven-day ultimatum by the Senate Committee on Gas to present a detailed account regarding the award and payment of over N100 billion to companies managing the Presidential Compressed Natural Gas projects, which are purportedly executed in violation of the Public Procurement Act of...

Offsides and Softsides

Tinubu names review panel on social investment programmes

Beloved JohnJanuary 14, 20243 min

President Tinubu has created a six-person panel to reposition Nigeria’s social investment programmes and improve citizen’s confidence in investment programmes. President Bola Ahmed Tinubu has set up a special presidential panel to review social investment programmes in the country. The minister of finance, Wale Edun, has been named to lead the panel in undertaking its task, according to a statement issued by the presidential media adviser, Ajuri Ngelale, on Saturday, January 13, 2024. This follows...