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

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.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

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.
مصدر: DailyPostNGR - 🏆 11. / 59 اقرأ أكثر »

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.
مصدر: DailyPostNGR - 🏆 11. / 59 اقرأ أكثر »

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...
مصدر: DailyPostNGR - 🏆 11. / 59 اقرأ أكثر »

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.
مصدر: DailyPostNGR - 🏆 11. / 59 اقرأ أكثر »