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

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Edun ニュース

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.

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