By: Balogun Tumininu
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has stated that the current reforms under President Bola Tinubu’s administration are transforming Nigeria’s economy. He made this declaration at the Nigerian Economic Summit Group (NESG) National Economic Dialogue in Abuja.
Edun urged members of the Organised Private Sector (OPS) to collaborate with the government in diversifying the economy. He highlighted the US Dollar domestic bond initiative, aimed at attracting Nigerian savings from abroad and fueling domestic economic growth.
The minister acknowledged challenges in the agricultural sector but reaffirmed the government’s commitment to curbing food inflation and improving food security. He emphasized the importance of strategic planning and learning from successful international models.
Edun commended NESG for facilitating vital economic discussions and reiterated President Tinubu’s commitment to comprehensive economic reforms. He assured that the administration is dedicated to attracting foreign investment and achieving positive outcomes in various sectors.
The minister’s statement suggests that the government is making progress in controlling inflation and is focused on making food more affordable. The reforms aim to reshape Nigeria’s economy, and the government is seeking collaboration from the private sector to achieve this goal.