News Formal

Road now clear for private investors to invest in Nigeria – Minister of Finance, Edun

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 23 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

Edun समाचार

Investors,Nigeria

The Minister of Finance and Coordinating Minister of the Economy, Dr. Wale Edun, has declared that the road is now clear for private investors to invest the Nigerian economy. According to the minister, President Bola Tinubu is charting the way to move a lot of Nigerians out of poverty.

He said the President is leaving no stone unturned in order to ensure that life is made easy for Nigerians by coming up with policies and programmes that would be beneficial to all. The minister said key policies of the Tinubu-led administration have helped to stabilize the economy and created opportunities for investment and development.

He explained that the administration inherited significant economic challenges but wasted no time in addressing them. Edun added that critical reforms, such as the removal of fuel and foreign exchange subsidies, were implemented to halt an annual economic drain of five percent of GDP. 'These subsidies were benefiting only a few people and neighboring countries, while the majority of Nigerians saw no value from them,' the minister noted.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 11. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Why FEC approved fresh $2.2bn borrowing plan for Nigeria – Finance Minister, EdunThe Minister of Finance, Wale Edun, has explained that the Federal Executive Council approved a fresh $2.2 billion borrowing plan for Nigeria to enable the country’s access to the international capital market for a combination of the Euro bond and SUKUK financing.
स्रोत: DailyPostNGR - 🏆 11. / 59 और पढो »

Nigerian Govt to commence payment of pension backlog – Finance Minister EdunThe Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has assured that the Federal Government will soon begin payment of the pension backlog.
स्रोत: DailyPostNGR - 🏆 11. / 59 और पढो »

Strike: Pay our withheld salaries -SSANU, NASU tell Finance Minister EdunStriking university unions - the Senior Staff Association of Nigerian Universities, SSANU, and the Non-Academic Staff Union of Educational and Associated Institutions, NASU - have asked the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to pay their four months’ withheld salaries, following approval of the payment by...
स्रोत: DailyPostNGR - 🏆 11. / 59 और पढो »

No going back on forex, subsidy reforms – Finance ministerThe Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says there is no going back on the current administration's reforms in the forex and oil and gas sectors. Edun made this known when he received the newly assigned Minister of State for Finance, Doris Uzoka Anitez at the Ministry’s headquarters, on Monday.
स्रोत: DailyPostNGR - 🏆 11. / 59 और पढो »