Nigeria’s Finance Minister and Coordinating Minister of the Economy, Wale Edun, has affirmed the government’s commitment to reforms in the foreign exchange and oil and gas sectors, insisting there will be no reversal of President Bola Tinubu’s economic strategies.
Edun made the statement during a meeting with the newly appointed Minister of State for Finance, Doris Uzoka Anite, at the ministry’s headquarters on Monday, November 4.
“Nigeria now has a foreign exchange rate that is market-based and also a deregulated oil market pricing, which are two reforms that are long overdue over many decades that President Tinubu is currently implementing,” Edun said, underscoring the significance of these policies for the nation’s economic direction.
“Therefore, as Coordinating Minister of the Economy, we stand on a threshold of a new dawn to implement these reforms, increase productivity, create jobs, and reduce poverty,” he continued.
“We are glad to have a Minister of State who will help in actualizing the President’s reforms.”
