Finance minister reaffirms commitment to sustaining forex and subsidy reforms, emphasizing their role in Nigeria’s economic growth.
Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, has affirmed that the current administration’s reforms in the forex as well as oil and gas sectors are irreversible.
Edun announced this on Monday during a meeting with Doris Uzoka Anitez, the newly appointed Minister of State for Finance, at the headquarters of the ministry.
Nigeria now has a market-based foreign exchange rate and deregulated oil market pricing, two long-overdue reforms that President Tinubu is currently implementing.
“As the coordinating minister of economy, we are on the brink of a new era to implement these reforms aimed at increasing productivity, creating jobs, and reducing poverty. We are pleased to have a state minister who will assist in actualizing the President’s reforms,” he stated.
He believes that consultation and collaboration are essential for implementing these significant reforms in both the public and private sectors. He emphasized that current economic policies are demonstrating sustainability and signs of success.
In her response, the Minister of State for Finance reaffirmed her commitment to collaborating with stakeholders from both the private and public sectors to achieve economic growth.
Peoplesmind
