The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reiterated the administration’s unwavering commitment to implementing critical reforms in the foreign exchange and oil and gas sectors.
Edun emphasized that there would be “no going back” on these changes, which he described as essential for Nigeria’s economic revitalization.
The statement was made on Monday during Edun’s reception of the newly appointed Minister of State for Finance, Doris Uzoka-Anite, at the Ministry’s headquarters.
“Nigeria now has a foreign exchange rate that is market-based and a deregulated oil market pricing. These are two reforms that are long overdue, spanning many decades, and are now being implemented under President Tinubu’s administration,” Edun stated.
“As the coordinating minister of the economy, we stand on the threshold of a new dawn to implement these reforms, increase productivity, create jobs, and reduce poverty. We are glad to have a Minister of State who will assist in actualizing the President’s reforms.”
Edun emphasized that consultation and collaboration between the public and private sectors would be essential for the success of these reforms, noting that ongoing economic policies are already showing promising signs of sustainability and progress.
In response, Uzoka-Anite expressed her commitment to supporting these economic goals, pledging to work closely with stakeholders across sectors to ensure that Nigeria’s economic growth is achieved.
