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Monday, September 29, 2025
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    Investor Confidence in Nigeria Deepens as Renaissance Capital Visits Finance Minister

    Wale Edun Reassures Nigerians of Steady Petroleum Supply, Resolves Dangote Refinery Concerns

    FG Refutes False Claims of Religious Genocide in Nigeria

    FG Refutes False Claims of Religious Genocide in Nigeria

    Edun, Kyari Discuss Seed Certification Reforms to Bolster Food Security

    Edun, Kyari Discuss Seed Certification Reforms to Bolster Food Security

    NSA Ribadu to Lead Stakeholder Engagement as Tinubu Receives Ogoni Dialogue Report, Confers Honours on Ogoni Four

    NSA Ribadu to Lead Stakeholder Engagement as Tinubu Receives Ogoni Dialogue Report, Confers Honours on Ogoni Four

    Wale Edun Champions Local Government Empowerment as Key Pillar of Economic Reform

    Edun Steers Economic Team as Nigeria Launches Livestock Growth Plan

    National Economic Council (NEC) Endorses NASENI’s Solar Irrigation Pumps For Nationwide Rollout

    National Economic Council (NEC) Endorses NASENI’s Solar Irrigation Pumps For Nationwide Rollout

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    Timipre Sylva Inaugurates the National Gas Expansion Programme, Committee

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    The Imperative of Corporate Governance in Nigeria’s Telecommunications Industry

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    Nigeria to Revamp Telecom Policy as NCC Plans Quarterly Operator Rankings

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    Senate President Greets Asiwaju Bola Tinubu @69

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    Investor Confidence in Nigeria Deepens as Renaissance Capital Visits Finance Minister

    Wale Edun Reassures Nigerians of Steady Petroleum Supply, Resolves Dangote Refinery Concerns

    FG Refutes False Claims of Religious Genocide in Nigeria

    FG Refutes False Claims of Religious Genocide in Nigeria

    Edun, Kyari Discuss Seed Certification Reforms to Bolster Food Security

    Edun, Kyari Discuss Seed Certification Reforms to Bolster Food Security

    NSA Ribadu to Lead Stakeholder Engagement as Tinubu Receives Ogoni Dialogue Report, Confers Honours on Ogoni Four

    NSA Ribadu to Lead Stakeholder Engagement as Tinubu Receives Ogoni Dialogue Report, Confers Honours on Ogoni Four

    Wale Edun Champions Local Government Empowerment as Key Pillar of Economic Reform

    Edun Steers Economic Team as Nigeria Launches Livestock Growth Plan

    National Economic Council (NEC) Endorses NASENI’s Solar Irrigation Pumps For Nationwide Rollout

    National Economic Council (NEC) Endorses NASENI’s Solar Irrigation Pumps For Nationwide Rollout

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    Timipre Sylva Inaugurates the National Gas Expansion Programme, Committee

  • Tech
    The Imperative of Corporate Governance in Nigeria’s Telecommunications Industry

    The Imperative of Corporate Governance in Nigeria’s Telecommunications Industry

    NASENI Launches N250m ‘Innovate Naija’ Challenge at GITEX Nigeria

    NASENI Launches N250m ‘Innovate Naija’ Challenge at GITEX Nigeria

    NCC Launches Landmark Corporate Governance Guidelines to Transform Nigeria’s Telecom Sector

    Nigeria to Revamp Telecom Policy as NCC Plans Quarterly Operator Rankings

    NCC Launches Landmark Corporate Governance Guidelines to Transform Nigeria’s Telecom Sector

    NCC Launches Landmark Corporate Governance Guidelines to Transform Nigeria’s Telecom Sector

    WSIS: NCC’s Digital Awareness Programme Wins 2025 Prize for Access to Information and Knowledge

    WSIS: NCC’s Digital Awareness Programme Wins 2025 Prize for Access to Information and Knowledge

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    Why Nigeria Must Manufacture Its Own Solar Panels

    Trending Tags

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    Diary of a Naija Girl’s Ifedayo Agoro & Frank Itom Are Engaged!

    Diary of a Naija Girl’s Ifedayo Agoro & Frank Itom Are Engaged!

    At Avalanche Book Launch, Nigerians Call For More Resources On Mental Health And Trauma Management

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    Femi Odekunle; The Pains That Won’t Go! By Haruspice

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    The Unifying Factor of Culture

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    Senate President Greets Asiwaju Bola Tinubu @69

    Senate President Greets Asiwaju Bola Tinubu @69

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Wale Edun Rallies Private Sector to Deliver ₦1.5 Trillion Highway Investments

Tunde Abiola by Tunde Abiola
May 1, 2025
in Economy, News
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The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Wednesday chaired a high-level meeting with partners under the Highway Development and Management Initiative (HDMI), reinforcing the Federal Government’s commitment to unlocking infrastructure investment through long-term private concessions.

The session, jointly held with the Honourable Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, convened concessionaires managing nine highway projects covering over 900 km, with a combined value of ₦1.5 trillion, to be delivered under 25-year concession agreements.

Minister Edun emphasised that private capital is essential to accelerating development, following Nigeria’s return to macroeconomic stability with a projected 3.4% GDP growth in 2024, despite global shocks and reduced oil revenues.

“We have stabilised the economy. Now we must grow—faster, broader, and inclusively. Private-led infrastructure delivery is central to that mission,” Edun stated.

He highlighted the successful concession of the Benin-Asaba highway as a proof of concept, already underway with support from institutional and global investors. He also conveyed the Honourable Minister of Works’ directive that concessionaires must demonstrate proof of funds to ensure timely mobilisation.

Senator Bagudu reaffirmed President Tinubu’s strategic shift toward private sector-driven infrastructure, enabling investors to recover costs through tolling while bridging public financing gaps.

The initiative aligns with the Renewed Hope Agenda—anchored on fiscal discipline, strategic investment, and job creation.

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Investor Confidence in Nigeria Deepens as Renaissance Capital Visits Finance Minister

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September 28, 2025
FG Refutes False Claims of Religious Genocide in Nigeria

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