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No Going Back On Forex, Subsidy Reforms – Finance Minister

Tinubu's Economic Reforms Remain Firm as Minister Edun Emphasizes Progress and Collaboration

paulcraft by paulcraft
November 5, 2024
in National
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Wale Edun, Minister of Finance and Coordinating Minister of the Economy
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  • Minister Wale Edun affirmed that President Tinubu’s economic reforms in foreign exchange and oil sectors will not be reversed, emphasizing progress
  • Edun highlighted the importance of collaboration with public and private sectors to ensure the success of these overdue economic reforms

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, emphasized that President Bola Tinubu’s reforms in the foreign exchange and oil and gas sectors will not be reversed.

Edun made this assertion on Monday during a meeting at the Ministry’s headquarters with Doris Uzoka Anite, the newly appointed Minister of State for Finance.

Edun stated, “Nigeria now has a market-based foreign exchange rate and a deregulated oil market pricing system. These two reforms were overdue for decades, and President Tinubu is now implementing them.”

He added that these reforms mark the beginning of a new era to increase productivity, create jobs, and reduce poverty.

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Edun highlighted the importance of consultation and collaboration with both the public and private sectors to ensure the success and sustainability of these economic policies, which are already showing promising signs.

Minister of State Uzoka Anite affirmed her commitment to working with stakeholders across sectors to realize these economic growth goals.

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