₦airaland Forum

The former spokeman of former Vice President, Prof. Yemi Osinbajo has revealed that President Bola Tinubu has asked the Minister of Finance and Coordinating minister of Economy to step down. He disclosed this while featuring on Sunrise Daily on Channels Television on Friday.

Wale Edun was told since last year to step down since last year.

Himself and Cardoso CBN governor

So what are they still waiting for?

mohbadliveson:
Himself and Cardoso CBN governor

Abeg Cardoso is doing a great job.

Wale Edun fumbled by revealing the true financial situation of our unfunded budget deficit to the tune of 30 trillion after Tinubu himself had come out to say we have met our revenue target. He should have known better than to go against Paul Biya wannabe. He had it coming.

lionshare:
Abeg Cardoso is doing a great job.

Is that why we are still implementing 2024, 2025 and 2026 budgets concurrently, with some MDAs getting as little as 34 million naira from their appropriated budgets?

I don't think this story is true because that ugly agbadorian called Bayo hasn't announced it yet.

Not the news we are expecting

Let us wait for Presidency.

AMINDA:
Is that why we are still implementing 2024, 2025 and 2026 budgets concurrently, with some MDAs getting as little as 34 million naira from their appropriated budgets?

How does this lay blame to CBN?
CBN Is in charge of monetary policy while Finance and Budget is in charge of fiscal policy.

AMINDA:
Wale Edun fumbled by revealing the true financial situation of our unfunded budget deficit to the tune of 30 trillion after Tinubu himself had come out to say we have met our revenue target. He should have known better than to go against Paul Biya wannabe. He had it coming.

There is a stage a man will get to, his conscience go dey fight am. He didn't fumble. He did the right thing. Let those who will tell lies even when reality stares at them, take up the job.

Eye service.

Meanwhile, what is the minister of power still doing there? He should resign for failing woefully if the president doesn't have the balls to sack him

AMINDA:
Is that why we are still implementing 2024, 2025 and 2026 budgets concurrently, with some MDAs getting as little as 34 million naira from their appropriated budgets?

The N34m capital is a big lie. As at today, all 2024 capital allocation has been cleared. 30% of all 2025 capital has been released while the 70% balance have been rolled over to 2026. Once the 2026 budget is passed into law, implementation will begin immediately. By the way, the CBN Governor handles monetary policy and not fiscal policy. Budget implementation falls into the realm of fiscal policy and that is the business of the Finance Ministry which is now headed by the erudite Taiwo Oyedele. Wale Edun has served meritoriously no matter what. He was part of those that rescued the economy from collapse in 2023.

lionshare:
Abeg Cardoso is doing a great job.

Totally agree.

Edun on the other hand has been fumbling

Dogalmighty17:
Wale Edun was told since last year to step down since last year.

As I gather, Madam Doris, erstwhile MOS has been the one in charge for a while now.

Edun has just been there. I guess Tinubu is probably reluctant to sack him outright

Both Laolu and his boss Fake Pastor Judas Osinbajo should shut the fucck up and go and die

seunmsg:
The N34m capital is a big lie. As at today, all 2024 capital allocation has been cleared. 30% of all 2025 capital has been released while the 70% balance have been rolled over to 2026. Once the 2026 budget is passed into law, implementation will begin immediately. By the way, the CBN Governor handles monetary policy and not fiscal policy. Budget implementation falls into the realm of fiscal policy and that is the business of the Finance Ministry which is now headed by the erudite Taiwo Oyedele. Wale Edun has served meritoriously no matter what. He was part of those that rescued the economy from collapse in 2023.

Lol. It's the middle of March and we are still talking about "once the 2026 budget is passed into law". This is already a clear pointer that significant portions of the budget will not be implemented, thereby, rolled into next year. This has never happened before until Tinubu. Buhari and his team worked hard and handed over a January to December budget cycle to Tinubu.