President Bola Ahmed Tinubu on Tuesday held a series of closed-door meetings with top members of his economic and fiscal policy team at the State House in Abuja.
Among those in attendance were the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Minister of Budget and Economic Planning, Senator Atiku Bagudu; and the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo.
Also present were the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso; the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji; and the Director General and Global Liaison for the Nigeria-China Strategic Partnership, Joseph Tegbe.
Although the Presidency did not release an official agenda, insiders say the meetings formed part of regular consultations where the President is updated on developments across key sectors.
A source familiar with the briefing explained, “The President routinely receives briefings from relevant ministers and heads of economic institutions to stay abreast of policy developments and implementation timelines.”
It was gathered that Dr. Adedeji was expected to update the President on the effective implementation for four new tax laws recently signed into law. These laws, which will take effect from January 2026, are designed to broaden the tax net, simplify compliance procedures, and increase non-oil revenue in line with the administration’s broader fiscal reform goals.
CBN Governor Cardoso was reportedly scheduled to present updates on current fiscal and monetary policies. This includes ongoing efforts to stabilise the naira, curb inflation, and strengthen investor confidence.
Ministers Edun and Bagudu were expected to present the President with an overview of the general economic outlook, the progress of current budget implementation, and projections for medium-term spending.
Mr. Ekpo, the Minister of State for Petroleum Resources (Gas), was also expected to brief the President on gas sector investments and ongoing infrastructure development under the Decade of Gas initiative.
All the officials reportedly arrived separately at the Villa for their individual sessions, in line with standard protocol for high -level briefings.