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FEDERAL GOVERNMENT'S FIVE FLAGSHIP PROGRAMMES TO DRIVE HUMAN CAPITAL DEVELOPMENT - TAIWO OYEDELE Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, who represented President Bola Ahmed Tinubu at the Presidential Launch of the Federal Government's Flagship Programmes in Abuja, says the unveiling of the initiatives marks...

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NTANetwork

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27,683 просмотров • 14 дней назад •via X (Twitter)

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President Tinubu meets with the Minister of State for finance Designate, Mr Taiwo Oyedele Taiwo Oyedele at the State House, Abuja. "It is a very challenging job to look at the fiscal policy and responsibility that comes with it at the time that economic stability is being experienced but without exponential growth it is always very difficult but you fit the bill"
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Yesterday, I received Mr. Taiwo Oyedele, the President’s nominee for Minister of State for Finance, in my office and accompanied him to the Senate Chamber for his screening. I congratulate President Bola Ahmed Tinubu, GCFR, on this thoughtful nomination.

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Retired members of the Armed Forces of Nigeria called on President Bola Tinubu to sack or redeploy the Minister of the Federal Capital Territory, Nyesom Wike, over his recent face-off with a naval officer in Abuja.🙆🏼‍♂️

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Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele(Taiwo Oyedele), at the launch of YouthCred for Entrepreneurs, said the initiative represents a major step in the Tinubu administration's vision of building a credit-driven economy that expands access to finance, empowers young entrepreneurs, and creates pathways to inclusive economic growth through responsible Consumer Credit. More Details: - President Bola Ahmed Tinubu established CREDICORP with the mandate of expanding access to consumer credit to half of all working Nigerians by 2030. - The initiative is aimed at building a credit economy where responsible borrowing and good credit history create opportunities for economic mobility. - The YouthCred programme was introduced as the largest consumer credit initiative designed specifically for young Nigerians. - Phase One, targeting NYSC members, provided credit education to over 51,000 young Nigerians, with more than 30,000 progressing to responsible credit access. - Phase Two, targeted at employed young Nigerians, has already reached more than 81,000 beneficiaries. - The Federal Government has now launched Phase Three – YouthCred for Entrepreneurs, with a target of empowering 500,000 young entrepreneurs nationwide. - The programme recognises that over 90% of Nigeria's Micro, Small and Medium Enterprises (MSMEs) are micro-enterprises operated by individuals such as tailors, mechanics, farmers, content creators, caterers, artisans, fashion designers, and ride-hailing drivers. - Eligible Nigerians aged 18 to 35 years can access financing ranging from ₦200,000 to ₦2 million. - Loan eligibility is based on responsible credit behaviour, cash flow, and repayment capacity, rather than inherited wealth or traditional collateral requirements. - Financing will be delivered through regulated financial institutions, while beneficiaries will also receive support to formalise and scale their businesses. - The programme complements broader economic reforms, including the exemption of small companies from Company Income Tax, as well as the removal of VAT compliance and withholding tax burdens for small businesses since January 2026.

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"You know one very exciting thing about Mr President is that he is never tired of marketing Nigeria, he is the chief marketer for the country, and so we had several discussions mostly focusing on economic opportunities how can we mobilise more investment particularly in the area of power and we also had discussions interesting ones around minning as well as opportunities to even support private sectors more businesses." - Minister of Finance, Taiwo Oyedele Taiwo Oyedele
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"You know one very exciting thing about Mr President is that he is never tired of marketing Nigeria, he is the chief marketer for the country, and so we had several discussions mostly focusing on economic opportunities how can we mobilise more investment particularly in the area of power and we also had discussions interesting ones around minning as well as opportunities to even support private sectors more businesses." - Minister of Finance, Taiwo Oyedele Taiwo Oyedele

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There's a new name now: from FIRS (Federal Inland Revenue Service) to NRS, Nigeria Revenue Service. - Taiwo Oyedele (Chairman of the Presidential Fiscal Policy and Tax Reforms Committee) #PoliticsToday

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