News Formal

Nigeria's Economy Moving in the Right Direction, Says Finance Minister

  • 📰 thecableng
  • ⏱ Reading Time:
  • 19 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 80%

Economy News

Nigeria,Economy,Finance Minister

Wale Edun, minister of finance and coordinating minister of the economy, states that Nigeria's economy is improving due to the positive impact of current administration policies. The government has made significant progress in terms of oil revenues and stabilizing the foreign exchange market.

Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria’s economy is moving in the right direction as policies of the current administration are having positive impact.

“For that we need resources. We’re here to sit around the table with financiers. multilaterals that have chief financing, grand financing even bilaterals as well as to encourage investors. On the other hand, food inflation reached 40.01 percent in March, an increase of 15.56 percent points higher compared to the 24.45 percent rate recorded in the same month last year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tinubu assures business community of resolve to salvage Nigeria’s economyPresident Bola Bola Tinubu has assured the Nigeria Business Community, specifically those from the North, of his administration's determination to salvage the country's economy. The President, who met with the Kano Business Community, sought their continued cooperation towards the actualization of policies introduced by his administration.
Source: DailyPostNGR - 🏆 11. / 59 Read more »